This is a simple tax issue but surprisingly one that I get a lot of questions on. Here is the common scenario…
I get a call from a small business owner who recently provided their services to a school at no cost as a “charitable contribution” (or at least in their mind). The question is always [...]
Posts Tagged ‘donated services’
The IRS Does Not Value Your Time
Posted in Corporations, Partnerships and LLCs, S-Corporations, Sole Proprietorships/SMLLCs, Tax Tips, tagged charitable contributions, donated services, donated time, services provided to non-profits, tax deductions, Tax Tips on July 29, 2008 | Leave a Comment »
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