Ethical dilemma [RE-wrenches]
Bob-O Schultze, Electron Connection
econnect at snowcrest.net
Wed Aug 15 08:02:25 PDT 2001
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Not that it should stop any of us from doing non-profit work,
BUT-according to my accountant, donation of your time is NOT tax
deductible. If anyone knows different, I'd like to hear about it.
If seems fair that the IRS would allow you to deduct your standard
and customary rate on work done for a non-profit, but then again,
using fair and IRS in the same sentence is probably an oximoron or
something.
Best, bob-O
>One option that has plenty of drawbacks...
>If you have the time fix it for free. You can write it off as a donation to
>a non-profit.
>
>Travis Creswell
--
Bob-O Schultze, Electron Connection
PO Box 203, Hornbrook, CA 96044
800.945.7587 or 530.475.3402
fax 530-475-3401
www.electronconnection.com
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