I'm not a CPA, Matt, but I'm pretty certain they can take actual value for their donations. Suggest an appraisal or other 3rd party valuation, though.

Sent from my iPhone

On Oct 10, 2013, at 8:55 AM, Matt VanSlyke <matt@uticabikerescue.org> wrote:

ThinkTank,
I have been trying to research this and I'm not really finding a complete answer. Perhaps some of you have personal experience/knowledge that can help. There is a bike shop in my City that has a stockpile of used bikes in a warehouse and they've expressed some interest in donating them to our community bike shop. Does anyone know specifically what the tax advantages are for the business that donates? I know how it works for individuals but I don't know how it works for a business.

Does anyone have epxerience with this?

Thanks,
Matt

--
Matt VanSlyke

Utica Bike Rescue
714 Washington Street, Utica, NY 13502

315.525.9554
matt@uticabikerescue.org

www.uticabikerescue.org
www.facebook.com/uticabikerescue
Learn. Earn. Ride.

_______________________________________________
Thethinktank mailing list
Thethinktank@lists.bikecollectives.org
To unsubscribe, send a blank email to TheThinkTank-leave@bikecollectives.org
To manage your subscription, plase visit:
http://lists.bikecollectives.org/listinfo.cgi/thethinktank-bikecollectives.org