Dale & Eke is taking the COVID-19 outbreak very seriously.  So, for the purpose of maintaining social distancing under CDC guidelines and to promote the health and safety of our clients, visitors and staff and reduce the spread of COVID-19, our physical office will be closed until further notice.

For the time being we are limiting all in-office meetings to those clients and potential clients who are not feeling ill or who have not shown signs of illness.  However, we are recommending that, unless you make other arrangements with your attorney, all client and potential client meetings occur via telephone or video conferencing.  If you have any paperwork for us that you need to drop off, please use the mail slot outside of the front door to our office.

We can still be reached at our office telephone number (317-844-7400). Your call will be answered by our office phone system and you may leave a voicemail in the general mailbox or with a specific attorney. All voicemails left in the general mailbox will be routed to the requested attorney or staff.

You may also email the firm through its website at  www.daleeke.com.

We will continue to monitor this evolving situation and adjust procedures as necessary.  Your health and safety, and the health and safety of our attorneys and staff, is our highest priority.  We thank you for your patience and understanding during these uncertain and unprecedented times.

A Professional Corporation of Attorneys at Law

How can I deduct my charitable giving on my taxes?

Charitable giving is woven into the fabric of American culture. Many people generously give to a variety of charities and philanthropic organizations. If you plan to donate to a charity and would like to take advantage of available tax benefits, you need to determine the organization’s tax status.

Qualifications for organizations and incentives for donors

Many organizations qualify under the IRS tax rules, but donations to political organizations and individuals are not tax deductible. You can ask a representative of the charity or organization to determine if your donation is eligible for tax deductions or check the IRS website for qualifying organizations.

In addition, some charities offer gifts in exchange for donations. If you donate to a charity that offers a gift or incentive, it must not exceed the value of the donation. You can also deduct the value of the gift from the claimed value of your donation. 

Guidance for charitable giving

The tips below offer pertinent advice for documenting donations, claiming expenses and realizing tax benefits. 

  • Ask for a receipt: If you donate cash to a charity or philanthropic organization, you need to obtain a receipt, bank record or payroll deduction for filing your taxes. While it’s wise to get a receipt for any donation, you must receive documentation for cash or monetary donations of $250 or more.
  • Deduct your expenses for volunteering: In many instances, you can deduct out-of-pocket expenses from taxes for volunteering. This includes gas mileage, parking fees and clothes.
  • Donate appreciated assets: You get several benefits from donating stocks, bonds and other appreciated assets. You can deduct the fair market value of the asset from taxes. And you avoid paying capital gains tax on the donation.

According to GivingUSA.org, Americans donated more than $400 billion in 2017. Benefactors have received fulfillment and satisfaction of helping people in need while also enjoying the tax benefits.