DiSabatino CPA Blog

DiSabatino CPA Blog

A blog by Michael DiSabatino CPA with topics on Tax Savings, Business, Management and more...

There are tax breaks when you do charitable work

There are tax breaks when you do charitable work

 

There are tax breaks when you do charitable work

If you do volunteer work for a charitable organization and have not kept track of your out-of-pocket expenses, you might be passing up an excellent opportunity to lower your tax bill. To qualify, your unreimbursed expenses must relate directly to the charity, and you must itemize your deductions on your tax return. Here is a brief rundown of some possible deductions.

Rate this blog entry:
0
Continue reading
20426 Hits

Speed Up Your Success!

Conatct Us Today: 1-805-389-7300

© 2006-2017 Michael DiSabatino, CPA. All Rights Reserved.