We can donate to a non profit? Do we depreciate it and by how much? So if we keep a storage as an inventory.
1. We can write off the full value. Until we sell it?
2. Can we keep same product, XOX shirt. And then when updated or upgraded model comes out compare it to our aging inventory . We give a review recap on every product. If you had same product for every year do you depreciate the value. If you had five updated products. Is the tax write off the entire amount then gets depreciated each year?
Could I create a non profit e-commerce museum? And do seminars on ecommerce and other things as an education model?
Would a Foundation work better?
Thank you so much
