Thursday, October 20, 2005

Charitable acts pay in tax deductions - Business - The Washington Times, America's Newspaper

Charitable acts pay in tax deductions - Business - The Washington Times, America's Newspaper: "Charitable acts pay in tax deductions

October 19, 2005

Are you an active volunteer for charitable organizations? The reward for helping out takes the form of deductions for out-of-pocket expenses incurred while you do volunteer work.
Write off only what you spend to cover unreimbursed expenses -- for instance, the cost of telephone calls, stamps and stationery, as well as other materials that you supply, say, to prepare posters or other forms of advertising for fundraising campaigns. "

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