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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.

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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.

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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.

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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.

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

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Last Updated on May 28, 2020

How to Overcome Boredom

How to Overcome Boredom

Have you ever been bored? Restless? Fidgety? In need of some inspiration?

I have a theory on boredom. I believe that the rate of boredom has increased alongside the pace of technology.

If you think about it, technology has provided us with mobile phones, laptops, Ipads, device after device – all to ultimately fix one problem: boredom.

What is Boredom?

We have become a global nation that feeds on entertainment. We associate ‘living’ with ‘doing’. People now do not know how to sit still, and we feel guilty when we are not doing anything. Today, inactivity has become the ultimate sin.

You might not realize it, but boredom stimulates a form of anxiety and stress. It evokes an emotional state that creates frustration and feeds procrastination.

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It’s a desire to be ‘doing something’ or to be ‘entertained’ – it’s a desire for sensory stimulation. What it boils down to is a lack of focus.

If you think about those times when you’re bored, it’s usually because you did not know what to do. So, indecision also plays a big part.

When we are focused on what’s important to us and what we want to achieve, it’s pretty hard to be bored. So, one answer to boredom is to become focused on what you want.

Sometimes It’s Good to Be Bored

If boredom is a desire for sensory stimulation – then what’s the opposite of that? To be content with no stimulation – in other words – to enjoy stillness.

Sometimes, it’s not boredom itself that causes the frustration but the resistance to doing nothing.

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Think about it. What would happen if you were to ‘let go’ of the desire to be entertained? You wouldn’t be bored anymore, and you will feel more relaxed!

In my experience, it’s often the most obvious, simplistic solutions that are the most powerful in life. So, when you’re bored, the easiest way to combat this is to enjoy it.

It may sound weird but think of ‘boredom’ as a form of ‘relaxation’. It’s a break from the constant stimulation that 21st-century living provides – constant TVs, mobile phones, radios, internet, emails, phone calls, etc.

Who knows, maybe ‘boredom’ is actually good for us?

Next time you’re ‘feeling bored’ instead of feeding the frustration by frantically looking for something to do, maybe you can sit back, relax, and savor the feeling of having nothing to do.

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In this article, I’ll share with you my 3-step strategy on how to overcome boredom.

3-Step Strategy to Overcome Boredom

1. Get Focused

Instead of chasing sensory stimulation at random, focus on what’s really important to you. Focusing on something important helps prevent boredom because it forces you to utilize your time productively.

You should ask yourself: what would make good use of your time? What could you be doing that would contribute to your major goals in life?

Here are a few ideas:

  • Spend some time in quiet contemplation considering what’s important to you.
  • Start that creative project you’ve been talking about for the last few weeks.
  • Brainstorm: think of some ideas for new innovative products or businesses.

2. Kill Procrastination

Boredom is useful in some ways because it gives you the energy and time to do things. It is only a problem if you let it. But if you use it to motivate yourself to be productive, then you can more easily overcome boredom.

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So, the next time you’re bored, why not put this good energy to use by ticking off those things that you have been meaning to get done but have been too busy to finish? This also presents a great time for you to clear your to-do list.

Here are some ideas:

  • Do some exercise.
  • Read a book.
  • Learn something new.
  • Call a friend.
  • Get creative (draw, paint, sculpt, create music, write).
  • Do a spring cleaning.
  • Wash the car.
  • Renovate the house.
  • Re-arrange the furniture.
  • Write your shopping list.
  • Water the plants.
  • Walk the dog.
  • Sort out your mail & email.
  • De-clutter (clear out that wardrobe).

3. Enjoy Boredom

If none of the above solutions work, then you can try a different approach. Don’t give in to boredom and instead choose to enjoy it. This doesn’t mean allowing yourself to waste your time being bored. Instead, think of it as your time to relax and re-energize, which will help you be more productive the next time you work.

Contrary to popular belief, we don’t need to be constantly doing things to be productive. In fact, research has shown that people are more productive when they take periods of rest to recharge.[1] Taking breaks once in a while helps boost your performance and can help make you feel more motivated.

So, take some time to relax. You never know, you might even like it.

Final Thoughts

Learning how to overcome boredom may be difficult at the beginning, but it can be easier if you make use of some techniques. You can start with my 3-step strategy on how to overcome boredom and work your way from there. So, ready your mind and make use of these tips, and you will be overcoming boredom in no time.

More Tips on Overcoming Boredom

Featured photo credit: Johnny Cohen via unsplash.com

Reference

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