[Hidden-tech] Re: pro bono work
Edbride-PR
Ed at edbride-pr.com
Thu Dec 4 11:36:56 EST 2008
You claim the income, and then you claim the donation; so, isn't it a wash?
They claim the expense, and then they claim the donation as income; so,
isn't that a wash for them, too?
If so, there's still zero beneift to either party.
Extra work for the accountants, no wonder they love it.
Ed
----- Original Message -----
From: "Lynne Rudié" <lynnerudie at verizon.net>
To: "Bronwen Hodgkinson - cdeVision" <bronwen at cdevision.com>
Cc: "'Hidden Tech Discussion List'" <hidden-discuss at lists.hidden-tech.net>
Sent: Thursday, December 04, 2008 9:57 AM
Subject: Re: [Hidden-tech] Re: pro bono work
>
> Here's what I do for pro bono work, when the deduction is important
> enough (i.e. when the amount is large enough). I bill for the work and
> get paid for it and then write the organization a check for the amount
> they have paid me. This way they get to deduct the cost of my services as
> an expense and I get to deduct it as a donation. It's very clean and
> clear, and the accountants love it....
>
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