Wed, 18 Mar 2009 11:02:57 -0600 "John Dorr" <a440 at bresnan.net> wrote: > David Love wrote: > I routinely donate my services to a few charity events (auction type) > around > for fund raising purposes. I usually donate 2 or 3 to each event. It is > very good advertising and, if nothing else, gets you some new > customers plus > helps out organizations in need. You cannot, however, get a tax deduction > for that. At least not a legal one. > > David Love > www.davidlovepianos.com > > > > I just called my accountant. She says that indeed I CAN make those > deductions. It's called a donation "in kind", and you get a receipt > from the organization (which I DO) and the organization must be > recognized as a charitable organization. So I will be continuiing to > take those deductions! Sometimes that kind of charity is about the > only charity I can afford! > > John Dorr > Helena, MT John, I just looked in IRS publications 17 and 526 under "Contributions you cannot deduct". Both include the item "The value of your time and services" as non-deductible contributions. "Contributions in Kind" refers to tangible items, not time or services. If I were you, I would start looking for another accountant... Israel Stein -------------- next part -------------- An HTML attachment was scrubbed... URL: <http://ptg.org/pipermail/pianotech_ptg.org/attachments/20090318/61ecfc57/attachment.html>
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