This is a public-interest archive. Personal data is pseudonymized and retained under GDPR Article 89.

Re: gardenwriters Digest, Vol 62, Issue 21


Hi all,
I'm no tax expert, but this does not sound right to me.  You cannot  
deduct the cost of your time or services as a charitable deduction  
(IRS pub 526), and it seems to me that you couldn't donate your fee  
back to the organization without declaring that cash received (even  
for a few minutes) as income.  If your deductions are limited by  
whatever arcane IRS rules affect you, you'd lose out.  But ask your  
own qualified advisors.
Carol B.



On Mar 19, 2008, at 1:20 PM, gardenwriters-request@lists.ibiblio.org  
wrote:

> It's been suggested to me that the most tax effective way to go about
> this is to charge them your usual fee - then donate it all back and
> take the tax break. Does anyone know if this is OK?

_______________________________________________
gardenwriters mailing list
gardenwriters@lists.ibiblio.org
http://lists.ibiblio.org/mailman/listinfo/gardenwriters

GWL has searchable archives at:
http://www.hort.net/lists/gardenwriters

Send photos for GWL to gwlphotos@hort.net to be posted
at: http://www.hort.net/lists/gwlphotos

Post gardening questions/threads to
"Gardenwriters on Gardening" <gwl-g@lists.ibiblio.org>

For GWL website and Wiki, go to
http://www.ibiblio.org/gardenwriters



Other Mailing lists | Author Index | Date Index | Subject Index | Thread Index