Article Date:
May 2007


Word Count:
154

 

 

Value of Time As a Contribution


I was appointed by the governor to serve on the board of a state college and on a committee of a local commission. During this time, I received no compensation, and I spent time performing uncompensated legal services for these organizations. The value of my legal services at my regular hourly rate is about $19,000. Had I contributed $19,000 cash to these organizations, I would qualify for charitable deductions, as both are qualified charities under the tax law. May I ... Log in to view full article.

Log in to view full article

Already a subscriber?

Email Address


Password


Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee
Clicky