Question
Many Americans are very generous donating their time, money, or goods. We learned how to handle the donations that have a monetary VALUE. What about
Many Americans are very generous donating their time, money, or goods. We learned how to handle the donations that have a monetary VALUE.
What about the labor we donate when we volunteer?
Should this be deductible? How would it be calculated?
What would be the advantages and disadvantages?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
In the United States while the value of volunteer time itself is not deductible certain expenses related to volunteering may be eligible for tax deduc...
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Step: 2
Step: 3
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
