[pianotech] Tax Question

[phil at emvkeys.ca]

Accurate records of what actually transpired?

A true valuation of services rendered?

A record of charitable givings?

Professional reputation (Is your work warrantied if given for free or 
discounted?)

My point is, IMHO it's always a good idea to separate your bread and 
butter (business) from your charitable contributions (personal) and to 
keep accurate records of same. DAMHIK.

As to declared income and deductions, I suppose the difference would be 
roughly $0.00. Tthat's why I prefaced "If you really want to donate..." 
as in, if you really believe in a given charity, certainly donate. But 
don't devalue your skill set and profession in so doing.

Phil







David Love wrote:
>
> As someone mentioned, what's the point then.
>
>  
>
> David Love
>
> www.davidlovepianos.com
>
>  
>
> *From:* pianotech-bounces at ptg.org [mailto:pianotech-bounces at ptg.org] 
> *On Behalf Of *phil at emvkeys.ca
> *Sent:* Thursday, January 29, 2009 9:49 AM
> *To:* pianotech at ptg.org
> *Subject:* Re: [pianotech] Tax Question
>
>  
>
> If you really want to donate all or part of your work,  why not just 
> agree ahead of time to charge the full amount and then make a donation?
>
> Phil
>
>
>
> John Formsma wrote:
>
> You can't. I asked my accountant that some years ago.  Donated items, 
> yes. Donated service work, no.
>
>  
>
> If this is different, let me know.
>
>  
>
> --
>
> JF
>
> On Thu, Jan 29, 2009 at 7:44 AM, David Love 
> <davidlovepianos at comcast.net <mailto:davidlovepianos at comcast.net>> wrote:
>
> A better question is whether or not you can deduct the value of donated
> work.
>
> David Love
> www.davidlovepianos.com <http://www.davidlovepianos.com>
>
>  
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