- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Okay, so even though I would be giving up space that a paying boarding customer would use, I would have nothing to claim as a deduction for the lose of income on that space?
But if I made them pay full price and paid taxes on it, then I could give them a cash donation in the amount of their bill and I would be able to write off a charitable donation?
I just want to be sure I'm understanding this because I often hear groomers saying they provide free services to rescues and use it as a tax write-off so I'm not sure I see a difference.
‎January 28, 2025
12:27 PM