Tax Associates Inc

Tax Associates Inc With over 50 years of combined experience Tax Associates has provided outstanding quality and dependable personalized service to Birmingham and surrounding areas since 1992.


Tis The Season for Giving
You Contribution May be Tax Deductible

It is the season for giving and your contribution may be tax deductible. The Salvation Army, Jimmie Hale Mission, Red Cross and other nonprofit organizations are accepting donations this time of the year to provide for those in need. Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following:

Rules for Clothing and Household Items

To be deductible, clothing and household items donated to charity generally must be in good used condition or better. A clothing or household item for which a taxpayer claims a deduction of over $500 does not have to meet this standard if the taxpayer includes a qualified appraisal of the item with the return. Household items include furniture, furnishings, electronics, appliances and linens.

Guidelines for Monetary Donations

To deduct any charitable donation of money, regardless of amount, a taxpayer must have a bank record or a written communication from the charity showing the name of the charity and the date and amount of the contribution. Bank records include canceled checks, bank or credit union statements, and credit card statements. Bank or credit union statements should show the name of the charity, the date, and the amount paid. Credit card statements should show the name of the charity, the date, and the transaction posting date.

Donations of money include those made in cash or by check, electronic funds transfer, credit card and payroll deduction. For payroll deductions, the taxpayer should retain their last pay stub, a Form W-2 wage statement or other document furnished by the employer showing the total amount withheld for charity, along with the pledge card showing the name of the charity.

These requirements for the deduction of monetary donations do not change the long-standing requirement that a taxpayer obtain an acknowledgment from a charity for each deductible donation (either money or property) of $250 or more. However, one statement containing all of the required information may meet both requirements.


To help plan your holiday-season and year-end giving, the IRS offers the following additional reminders:

•Contributions are deductible in the year made. Thus, donations charged to a credit card before the end of 2011 count for 2011. This is true even if the credit card bill isn’t paid until 2012. Also, checks count for 2011 as long as they are mailed in 2011.
•Check that the organization is qualified. Only donations to qualified organizations are tax-deductible.
•For all donations of property, including clothing and household items, get from the charity, if possible, a receipt that includes the name of the charity, date of the contribution, and a reasonably-detailed description of the donated property. If a donation is left at a charity’s unattended drop site, keep a written record of the donation that includes this information, as well as the fair market value of the property at the time of the donation and the method used to determine that value. Additional rules apply for a contribution of $250 or more.
•And, as always it’s important to keep good records and receipts.


Are You Missing an IRS Refund Check?
IRS has $153 Million in Undelivered Checks to Taxpayers

The Internal Revenue Service announced that it is looking to return $153.3 million in undelivered tax refund checks. In all, 99,123 taxpayers are due refund checks this year that could not be delivered because of mailing address errors. Undelivered refund checks average $1,547 this year. If you believe your refund check may have been returned to the IRS as undelivered, you should go to and click on “Where’s My Refund?”. The tool will provide the status of your refund and, in some cases, instructions on how to resolve delivery problems. If you need assistance, give us a call at 205 251-9013.


Tip of the Day!!! Come to Tax Associates, Inc to have your taxes prepared and we quote you a refund, please be ASSURED it is the right amount. The ONLY way you will get more by going to another tax preparer is that you give them some more information or they put information on your tax return without your knowledge. Please beaware of unprofessional tax preparers...


Tax Season officially starts Jan 14th!!!


Stay tuned for Tips of Day every morning!!! Also if you have any questions concerning taxes we are here to answer them. U can post a question or simply give us a call at 205-251-9013


1509 Reverend Abraham Woods Jr Blvd
Birmingham, AL

Opening Hours

Monday 08:00 - 20:00
Tuesday 08:00 - 20:00
Wednesday 08:00 - 20:00
Thursday 08:00 - 20:00
Friday 08:00 - 20:00
Saturday 09:00 - 18:00


(205) 251-9013


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