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Lobby Financial Feast topic #799

Subject: "Pro Bona work for own company" Previous topic | Next topic
sc2ff3tt2Fri Aug-07-09 04:16 AM
 
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"Pro Bona work for own company"


          

I own a small business. Is it possible for me to work some hours pro bona and then deduct the contribution from my federal income tax? We do this for some pro bona clients we have.

drj

  

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LisaPRMon Aug-10-09 11:58 AM
 
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#1. "RE: Pro Bona work for own company"
In response to Reply # 0


          

According to the IRS "time" can not be deduct on your tax forms for any pro bono clients. You can only deduct tangible items like the gas, tolls, etc for your trips to from meetings whether for a charity or for the business.

Lisa Douglas
Inklusion PR
www.inklusionpr.com
Check out our specially priced services for small businesses.

  

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Lobby Financial Feast topic #799 Previous topic | Next topic
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