Date: Mon, 08 Dec 2008 12:02:44 -0500
To: puptcrit-AT-puptcrit.org
Subject: Re: [Puptcrit] Donated Programs


The check you write to the organization will be tax deductible as a 
charitable contribution to the same extent that the money they pay 
you is taxable as income.  Therefore, it is a wash.

However, any additional expenses you have, such as travel expenses, 
etc, would also be deductible as a charitable contribution.

At 12/8/2008  Monday  11:49 AM, you wrote:



>I've been asked several times to donate programs. Today I actually 
>asked my tax accountant how to go about it. He said that if it is 
>donated time and/or service, it can not be listed as a donation!
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>If you receive a check and then write a check back to the 
>organization, you need to claim it as income and pay income taxes, 
>so (to be fair) the check you write should be less the taxes that will be paid.
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>Has anyone else come across this Catch22?
>
>Rolande
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_______________________________________________
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