February 29, 2008, Newsletter Issue #103: Ways to Give: Time and Talent

Tip of the Week

Typically understaffed and overworked, nonprofit organizations often survive on a backbone of volunteers. Donating your time and skills to an organization provides much-needed labor to nonprofit organizations and gives you an opportunity to see the organization first-hand and become involved on the ground level.

You can deduct expenses related to volunteering, such as mileage, fares, tolls, et cetera, but you are not able to deduct the value of your donated time.

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