The holiday season is fast upon us. December tends to be a month papered with ‘to-do’ lists, and if decreasing your tax burden is one of your ‘to-dos’, read on . . . .

Image of Charitable Contributions IRS Form 526

If you are among the 85% of people who claim charitable donations as a tax deduction, IPAT would like you to consider making Pedaling for Possibilities (P4P) your go-to deduction! We are a qualified Section 501(c)3 nonprofit organization, and as such, your donation may count as a charitable deduction for federal income tax purposes.

Everyone’s tax situation is unique, so consulting with a tax adviser or checking out page 19 in this IRS document may be wise before acting.

Why P4P? Because your gift changes lives . . . .

  • a woman with congestive heart failure and limited vision received a stairlift with P4P funds, she can now safely get to her basement to do her laundry
  • a 6 year old boy received an iPad with a communication app through P4P to help him relate to family, friends and teachers
  • a woman with limited mobility due to a motorcycle accident, received a bath lift and wants others to know, “Taking a bath is therapeutic. It helps me relax and calm my muscles. This is something good you’re doing with your P4P dollars. It helped me.”
So if you want to do good, and possibly reduce your taxes, donate to P4P by using PayPal on our website, or by sending a check to IPAT/P4P to our Fargo address. Thank you from,Pedaling for Possibilities logo and tagline

 

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