Today TaxMama hears from Marie in Texas, with a quick question. “Our church members are donating personal items of jewelry, coins and other valuables. What is the best procedure to turn these items into cash?”
That’s an interesting question.
Let’s see…here are some ideas:
This could be a fun and lucrative opportunity for the church – and perhaps a great way to get the community involved.
And remember, you’ll find answers to lots of questions about non-profits and other tax information, free. Where? At TaxMama.com[Note: If you were subscribed to the e-mailed TaxQuips, you’d be getting other exciting news and tips by e-mail, that never appear on the site. Please click on the subscribe link and join us.]
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