they need to talk with there tax accountant
Lesa Franz Coatesville Community Bike Works
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On Oct 10, 2013, at 3:25 PM, Steven Bradley stevencbradley@gmail.com wrote:
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.
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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.o...
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