The Mordfin Blog - Trusted Guidance, Pertinent Finance Topics, & Accounting News...
Address: 150 Great Neck Road, Ste 201
Great Neck, New York 11021
Phone: (516) 829-9088
E-mail: office@mordfin.com
Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you — your time — would also be deductible. Unfortunately, that’s not the case.
July 14, 2018 Stuart Mordfin, CPA, CGMA deduct while volunteering, donations of cash, donations of property, organization be a qualified charity, IRS Tax Exempt Organization Search tool, keep careful records, donations of time or services aren't deductible, potentially can deduct out-of-pocket costs, out-of-town travel may be deductible
Read More »