For many businesses and organizations, charitable giving often occurs near the end of the year. It is also when much of the documentation gets lost. A check written at a holiday fundraiser, a few boxes of surplus inventory dropped off at a nonprofit, a recurring online gift for which nobody saved a receipt. Each one can be deductible, but only if the records hold up.
The IRS recently issued guidance (Tax Tip 2026-57) reminding taxpayers to keep organized charitable donation records throughout the year. For business owners who give both personally and through their companies, those records matter even more. Here is what you need to have on file and what has changed for 2026.
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