Thank you for your support!
Donations to Racing to Save America are greatly appreciatedand will help our efforts to expand a national community of support to strengthen our common national American fabric; and to help encourage the support of others who stand up for traditional American ideals! Please note that as a Section 501(c)4 organization, donations are not tax-deductible as charitable donations, but may be tax-deductible by the taxpayer business “as trade or business expenses, if ordinary and necessary in the conduct of the taxpayer’s business.”
Please consult with your tax advisor with any questions.
“Tax treatment of donations. Donations to volunteer fire companies are deductible on the donor’s federal income tax return, but only if made for exclusively public purposes. However, contributions to civic leagues or other section 501(c)(4) organizations generally aren’t deductible as charitable contributions for federal income tax purposes. They may be deductible as trade or business expenses, if ordinary and necessary in the conduct of the taxpayer’s business. However, see Deduction not allowed for dues used for political or legislative activities, under 501(c)(6) – Business Leagues, etc. for more information. For more information on social welfare organizations, see Life Cycle of a Social Welfare Organization.”