Today is Tax Day!

What does Tax Day have to do with Animal Rescue? More than you’d think!

We’d like to take today to remind everyone that donating to TBAR, fostering a TBAR animal, or volunteering makes you eligible for tax deductions!

There are certain things to consider, and you’re best choice would be consulting your tax professional for advice, but in general if you itemize your taxes you can use your donations and fostering or volunteering expenses to decrease taxable income and lower your tax bill. Be sure that you are keeping records of giving, in-kind donation forms, and receipts.

In addition, some counties may allow for an agriculture exemption for equine foster animals (this includes Washington County and Grimes County).

If you are an animal foster parent for TBAR you should keep records of any expenses you incur such as food, crates, or cleaning products. TBAR pays all medical and veterinary bills, but if you choose to pay them you can deduct them. You can also deduct a portion of utilities if the foster animal has a portion of your home dedicated to it. You will need to obtain a note that confirms you are a TBAR foster home if your expenses go over $250.

If you are interested in fostering, an animal, or donating goods or services you can contact us as [email protected] and please remember that PayPal donations are always needed!

True Blue Animal Rescue has been determined a 501(c)(3) non profit organization by the Internal Revenue Service. All donations are tax deductible. You can view us on Guidestar and search our EIN (75-3144975) on the IRS website.