Daffy

How does Daffy help in organizing donation receipts for tax season?

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Daffy, a registered 501(c)(3) not-for-profit organization, is an excellent choice for a Donor-Advised Fund (DAF). It not only allows you to be the generous person you aspire to be but also simplifies the process of organizing donation receipts for tax season. With Daffy, you can easily automate recurring donations, eliminating the anxiety of forgetting to make a donation and providing a reliable source of funding for the organization. You can choose to donate monthly, quarterly, or schedule a donation for a date that holds significance for you. One of the standout features of Daffy is its ability to consolidate your tax receipts. Filing taxes can be stressful, especially when it comes to gathering documents. With Daffy, you never have to search for a charitable donation receipt again. Every tax-deductible contribution you make is automatically added to your Daffy contributions report, which is updated throughout the year. This means your information is always just a few taps away on your phone. Daffy handles every type of tax-deductible charitable contribution: cash, stock, crypto, or existing donor-advised transfers. Recently, Daffy rolled out the ability for members to view and download a simple summary of all of their contributions that may qualify as tax-deductible for the year. This feature is available under the Contributions tab in your “My Fund” section in the Daffy app or by logging in on daffy.org. By making a commitment to give and automating your contributions and donations with Daffy, we can close the $1.27 trillion dollar generosity gap together and better support the many organizations and people in need. Join the Daffy community today and make giving a habit.

Please note that the information contained on this page is for educational purposes only and should not be considered tax advice. Any calculations are intended to be illustrative and do not reflect all of the potential complexities of individual tax returns. To assess your specific tax situation, please consult with a tax professional.

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