Answers to a few tax questions

Corey Pfaffe answers lots of nonprofit tax questions at his blog, MinistryCPA. If you work in the accounting part of the nonprofit world, might be a good idea to check out his site regularly. Here’s a few of the recent posts of interest:

Check out the links for answers. 

That first item on donated services is a question I receive often.

An example of how that can be phrased:

Can our charity issue a tax-deductible receipt for the value of work done by contractor at no charge?

Here’s a very unaccountant-like answer in terms of brevity:

No. You can’t.

Prof. Pfaffe has lots more info at his blog. Check it out. If you use an RSS reader, add his blog to your feed.

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