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End-Of-Year Tax Tip

Donate used books, music, movies & more
December is a great month to strategize last-minute ways to reduce your 2010 taxable income. Here's one idea: Go through your gently-used books, music CDs, CD-ROMs, movies and video games that haven't seen the light of day for months. You can donate them to Canton Public Library and then request a donation letter from the Receptionist. Most taxpayers who itemize on their tax return can take the fair market value of the donated items as a charitable donation, which translates into a tax deduction. (Seek information from a tax professional or the IRS if you're unsure how to do this). Donated items may show up either in the library's circulating collection or be passed along to the Friends of Canton Public Library, which operates the Second-Hand Prose store located in the southwest corner of the library (just past the magazine racks). Proceeds from the sale of these items benefit library acquisitions, reading programs and special events for patrons and the community. Please bring your donated items to the large brown donation shelter, located in the southwest area of the library parking lot (you'll see a large Book Donations sign there). Thank you for supporting your Canton Public Library!