Advertising
Advertising

5 Ways To Write Off Your Wedding On Your Taxes and Help Others.

5 Ways To Write Off Your Wedding On Your Taxes and Help Others.

Weddings are without doubt joyous occasions for families, friends, and of course the couple exchanging lifelong vows in front of those they hold dear. However, in many cases weddings can be both stressful to plan and stressful on budgets. However, this does not have to be the case. With proper planning you can even find innovative ways to write your wedding off on your taxes.

1. Put that extra food to good use.

Whether due to a couple of last minute no shows or a caterer that got a little carried away, having a lot of food after a wedding does not have to be a burden or a bad thing. You can arrange with a food bank to donate those extra edible favors or reception menu items. You will be helping people in need have a great meal (that was no doubt meticulously planned) and you can also get a receipt or letter from the food bank so that you can write off a portion of the food costs off on your taxes. It is a win-win all around, and some caterers will go ahead and package all left over food into nice containers to deliver to the food banks if you let them know before hand.

Advertising

Feeding America provides a list of food banks by state. You can also search by zip code.

2. Stop and smell the roses.

Then give them away. No seriously, unless you’re interested in getting a bouquet preserved for a memento. You can donate your flowers to a hospital, nursing home, women’s shelter or even school instead of them inevitably ending up in the trash. Get a receipt from the charity for about 25%-50% of the original cost because you used the flowers and decor at the wedding first. Additionally, there are a few nonprofits that utilize volunteer efforts to help with delivery of the flowers. Two examples of this are Petal Share and Repeat Roses.

Advertising

3. Ditch the Dress.

While some keep their wedding dresses for decades to admire, others choose to trash their dresses immediately after a wedding. Another option is to donate your dress to someone in need. This can go for bridesmaids as well, they can donate their dresses to an organization like Becca’s Closet which supplies underprivileged girls with prom dresses. Wonderful causes and wonderful uses for your dress that just so happen to be a tax write off for you. Simply get a receipt from the organization you donated to.

4. In lieu of Wedding Favors Donate to Charity.

This one is pretty self explanatory. If you and your fiancé have a favorite cause, let your guests know that you have donated to charity in lieu of doing wedding favors. You can give your guests a more personalized feel by having pictures and/or stories of people that the donation has helped. Another spin on this is to make your wedding into a charitable event, sponsoring a particular organization. Choose your favorite charitable cause and speak with them about turning your wedding into a fundraiser for their cause. Then instead of guests providing wedding presents they would make a donation to the nonprofit on your behalf.

Advertising

5.) Choose a Charitable Venue.

Many places of worship are tax exempt and if you give them a donation then the amount of the donation can be written off on your taxes. It is not allowed to write off expenses for venue usage fees or service fees. However, if you choose to pay any amount to the place of worship in excess of the amount charged for using the venue, then you can write off that amount on your taxes. Additionally, if you choose to hold your ceremony or reception in a nonprofit venue this rule will apply as well. Many museums, botanical gardens, and historical sites are nonprofit organizations. 

A QUICK NOTE: The IRS requires that you provide receipts in order to receive these tax write offs. These receipts should include the name of the nonprofit or charity, the amount you donated, and the date of your contribution. Large donations have additional criteria needed by the IRS. Always check with your accounting professional to get the more detailed ins and outs of what you need to do. Or you can read IRS Form 526 for more specific guidelines.

Advertising

Featured photo credit: © micromonkey via us.fotolia.com

More by this author

Planning; Dynamic Step Algorithm Planning Is Overrated. You Should Do This Instead. 5 Ways To Write Off Your Wedding On Your Taxes and Help Others. Don’t Fall For These 6 Psychological Money Traps That Make You Spend More! 7 Ways to Earn More at Your Job Without Asking for a Raise

Trending in Lifestyle

1 20 Creative Ways To Say Thank You 2 Expert Advice That Will Teach You How to Increase Your Metabolism 3 10 Real Reasons Why Breaking Bad Habits Is So Difficult 4 How to Improve Memory and Boost Your Brainpower 5 How to Cultivate Continuous Learning to Stay Competitive

Read Next

Advertising
Advertising
Advertising

Last Updated on November 17, 2019

20 Creative Ways To Say Thank You

20 Creative Ways To Say Thank You

Saying, “Thank you,” can be difficult to do. Some things just demand a little something extra because of the magnitude of the favor or the depth of appreciation involved. But what can you do to say thank you in a meaningful way? Sometimes you have to get a little more creative than just firing off an email. Here are 20 creative ways to say thank you that your friends and family will remember and cherish!

1. Make a gift bag.

A unique, homemade gift bag with a custom label or a note is a simple but heartfelt way to show your appreciation for the wonderful things your friends or family have done for you.

2. Give a toast.

Many people fear public speaking more than death, giving this particular thank-you a little extra meaning. Composing a sincere, eloquent toast and delivering it is a nice way to show appreciation that truly comes from the heart.

3. Write a poem.

“Roses are red, violets are blue…” Uh, you could write that...but why not put a little extra zing in it? Find out what their favorite kind of poetry is: haiku, free verse, iambic pentameter, and so on. (Google them if you don’t know what they are.) Then write one that expresses why they deserve your thanks…and why you’re glad to give it!

Advertising

4. Create your own labels.

There are a number of websites that offer custom gift labels. Find one that fits your personality and that of your friends and create a personalized thank-you label!

5. Give a gift card.

Sometimes choosing what to give a friend can be tough. A gift card is a good way to get around this problem. As always, be sure to include a personalized note or card thanking the recipient for their friendship and help.

6. Send a letter.

Snail-mail is a largely lost art form. Don’t worry about how long the letter is, though. What really matters here is that you took the time to put pen to paper and express your feelings sincerely and honestly!

7. Use social media to send a special message.

If someone’s done something you think the whole world should know about, why not put out a social media blast? Use your blog, your Facebook, your Google+ account, and your Twitter to spread the word about why this person’s someone your friends will want to know too!

Advertising

8. Make your own digital greeting card.

While an email isn’t always the best way to go when saying thank you, a digital greeting card that you put time and effort into creating can really brighten someone’s day! Make the card reflect the recipient’s personality and compose a short message of thanks for their generosity.

9. Make a YouTube video.

Sometimes, actually hearing someone say, “Thank you,” can make all the difference. Why not take it a step further and create a special video of thanks for your friends, family, and those special people who helped make your day so important…or who helped you through that rough time?

10. Deliver cookies or candies.

Making something yourself is a fun and delightful way to say thank you to someone. Create a sampling of baked goods or homemade candies and decorate them with a simple message, or make them so they form letters! (Think Valentine’s candies, only situationally appropriate.) Attach a thank-you note or label and surprise those special people with the gift of your time and creativity.

11. Make surprise gifts for guests.

There’s no need to wait until “later” to send a thank-you message. Why not do it at the time? Create little gift packets or bags for your guests with surprises inside. This is a great way to say thanks to the people who attended your event, and make sure they won’t want to miss the next one!

Advertising

12. Put together a flower basket.

Whether you prefer fresh or artificial flowers, assembling a flower basket with a thank-you note is an excellent way to brighten someone’s day and show you appreciate them.

13. Take a picture.

Sometimes capturing the moment is the best way to put a smile on someone’s face. Have someone take a picture of you receiving that special gift or opening that surprise package and send the giver a copy with a quick but sincere note to say thanks!

14. Repay their generosity by paying it forward.

The best gifts come from the heart, and the best way to repay a gift is to pay it forward. If your friend has a special cause they care about or something they believe in passionately, why not make a donation in their name or volunteer some of your time to the cause? This will mean more than any number of cookies, candies, or thank-you notes because you’re taking your friend’s love and spreading it around to others.

15. Do something special for them.

Take them out to dinner. (See “make a toast.”) Give them that movie they’ve been wanting forever. Cook them dinner and give them a present when they arrive. Any of these are good options for showing someone you really appreciate them and how grateful you are to have them in your life.

Advertising

16. Reciprocate their help.

Everyone needs help sometime. Whether it’s holding their hand through a particularly traumatic incident or helping them replace the alternator in their car, being there when they need it shows you remember what they did for you and how much it meant. It also shows that you’re willing to be just as good a friend to them as they were to you!

17. Be there for them.

Not every thank-you gesture has to be a grand public spectacle. Sometimes just giving them a place to come hang out when they’re lonely or showing up to offer them a sympathetic shoulder means the world to a person.

18. Listen to them.

Listening is almost as lost an art as the handwritten letter. When your friend or family member needs to talk, listen to them. Ask questions when appropriate, but just letting them know you’re there and paying attention to them to the exclusion of all else for a little while is a great way to say thank you for the times they listened to you.

19. Say it in another language…or two…

A simple thank you is great…but why not spice it up a little? Instead of just saying, “Thank you,” write or make a video of you telling them thank you in different languages. Some examples might be, “Gracias! Merci! Danke schoen! Spasibo! Mahalo!” and any other ways or languages you can think of. (The ones listed above are Spanish, French, German, Russian, and Hawaiian, in case you were wondering.) If you want to really get tricky about it, say a short phrase in each language that conveys why you’re thanking them!

20. Show them some love.

A simple touch, a hug, or helping out when they need it without being asked may be the most powerful gratitude message you can send. Offer to take the dogs for a walk, sit for the kids for a few hours, or run to the grocery store so they don’t have to. The little things are often the most important and meaningful. That doesn’t mean you shouldn’t still send a note, but sometimes your simple presence and willingness to help is all that really matters.

Featured photo credit: Hanny Naibaho via unsplash.com

Read Next