GFS INC

07/23/2026

📣 Tips for tracking charitable donations :

Before you start claiming charitable donations on your tax return, make sure you’re keeping your receipts together.

Too many people donate all year long, then when tax season rolls around they have NO proof to back it up.

Here’s what you need to know:

• If you’re claiming charitable donations, you generally have to itemize your deductions on your tax return.

• Starting with the 2026 tax year, even if you DON’T itemize, you may be able to deduct up to $1,000 in cash donations, or up to $2,000 if you’re married filing jointly, as long as the donation was made to a qualified organization.

• Giving money directly to a person, a GoFundMe for an individual, or a friend in need does NOT count as a charitable deduction.

• Keep records of every cash donation. Save your receipt, bank statement, canceled check, or acknowledgment from the organization showing the amount, date, and charity’s name.

• Donated $250 or more? You MUST get a written acknowledgment from the charity before claiming it on your tax return.

• Donating clothes, furniture, or other property? Keep a list of what you donated and its fair market value. Larger donations may require additional forms and documentation.

The IRS isn’t saying you can’t claim charitable donations. They’re saying you need to PROVE them.

Good recordkeeping today can save you a headache tomorrow.

01/05/2026

📣 Where are all My virtual Filers at ❓

Head on over to the Website and click 🗣️ FILE NOW

It will take you to our Virtual Intake form.

You can file your taxes from the comfort of your home.

Just fill out the form completely and upload all your documents. Once you are done you will get a text message saying that we have received your submission.

Even if you file virtually you will still be entered into our Giveaways 🙌🏾

At GSF INC, our mission is to empower individuals, businesses, and corporations with expert tax, accounting, and bookkeeping services that simplify finances and maximize opportunities. Founded on integrity, precision, and personalized care, we are committed to building trust and delivering excepti....