• You will need to provide your credit card to place a bid .
• You and your significant others will share the same bidder number and can both bid on multiple items using your personal device .
• You can " watch " items you are interested in bidding on simply by clicking the " watch " button for each item . A list will appear on your device when the site opens for bidding on March 24th !
• Have you tried the Maximum Bid feature for those favorite items on your watch list ? Once the bidding is open , you can set a maximum bid , and the system will do the work for you . Minimum raises will automatically be made each time you are outbid until it reaches the maximum amount you have set .
• A notification will be sent to you each time you have been outbid .
• Bid often and have fun !
Tips For Bidding Online
Important Tax Information
The IRS requires that charitable organizations such as St . Ursula Villa inform contributors about the deductibility of payments and donations made by patrons for fundraising activities . The following are guidelines provided to assist in your tax preparation .
1 . Dinner Tickets – the cost of each dinner ticket is tax-deductible to the extent that it exceeds $ 40 , the fair market value of the meal .
2 . Items purchased at the auction are deductible for the amounts paid in excess of the fair market value of each item .
3 . Cash Contributions are 100 % deductible . For contributions of $ 250 or more , a written receipt is required for proof of tax deductibility .
4 . For non-cash donations , it is advised that you consult your tax professional regarding tax deductibility since the IRS has specific requirements for filing which may apply to you . 5 . Raffle tickets are not tax-deductible . 6 . The emailed event receipt serves as your official receipt of items purchased at the auction .
The value set for each item is a “ good faith estimate ” as required by the IRS .