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 . . . .
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.”