What You Can Deduct When Volunteering

What-you-can-deduct-when-volunteering

Because cash or property donations to charity generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you — your time — would also be deductible. Unfortunately, that’s not the case. Donations of time or services aren’t deductible. It doesn’t matter if it’s simple administrative […]