Friday, June 08, 2012

4 non-cash gifts that require substantiation - TheNonProfitTimes

4 non-cash gifts that require substantiation - TheNonProfitTimes: Nonprofits will not always receive gifts in the form of cash. Non-cash gifts, such as computer equipment or office supplies, can be just as useful. Yet even these gifts still have cash value.

That’s right, even non-cash gifts are income, at least they are in the eyes of the Internal Revenue Service (IRS). Depending on the cash value of these gif

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