It’s that time of year when taxpayers are thinking about how they want to give back, and many taxpayers will want to donate to a charity that means something to them. The IRS has a tool that may help them make sure their donations are as beneficial as possible.
Tax Exempt Organization Search on IRS.gov is a tool that allows users to search for tax-exempt charities. Taxpayers can use this tool to determine if donations they make to an organization are tax-deductible charitable contributions.
Here are some things to know about the TEOS tool:
- It provides information about an organization’s federal
tax status and filings.
- It’s mobile device friendly.
- Donors can use it to confirm that an organization is
tax-exempt and eligible to receive tax-deductible charitable
contributions.
- Users can find out if an organization had its tax-exempt status revoked.
- Organizations are listed under the legal name or a
“doing business as” name on file with the IRS.
- The search results are sortable by name, Employee
Identification Number, state, and country.
- Users may also download entire lists of organizations
eligible to receive deductible contributions, auto-revoked organizations
and e-Postcard filers.
Taxpayers can also use the Interactive Tax Assistant, Can I Deduct my Charitable Contributions? to help determine if a charitable contribution is deductible.
Source: The IRS
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