Much more information on charity volunteer mileage rates and what a volunteer can deduct is now available at SeriousGivers.org at the “What can a charity volunteer deduct?” page. Go there for ongoing coverage (comments are closed on this page).
On December 3, the Internal Revenue Service issued the 2011 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Our post and comments on the 2010 rates.
Beginning on Jan. 1, 2011, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:
Continue reading “IRS announces 2011 charity volunteer mileage rate”
Much more information on charity volunteer mileage rates and what a volunteer can deduct is now available at SeriousGivers.org at the “What can a charity volunteer deduct?” page. Go there for ongoing coverage (comments are closed on this page).
On December 3, the Internal Revenue Service issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Our post on the 2011 rates.
Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: Continue reading “IRS announces 2010 charity volunteer mileage rate”
Bravo! Congratulations to these terrific individuals, innovating for the good of society. From the Encore Careers release:
This year’s winners of The Purpose Prize, a $100,000 award for social innovators in their encore careers, are using a new stage of life to do extraordinary things to improve life for millions of people worldwide.
They include:
- A former telecom executive who helped wire an Appalachian county and brought laid-off factory workers back to profitable farming.
- A professor who invented a way to transform toxic fly ash into green bricks.
- A psychiatrist who helps saves soldiers’ lives by offering free mental health treatment. Continue reading “2009 Purpose Prize Winners Announced”
Whenever you are thinking of donating or volunteering, keep our top ten tips in mind.
Create a donation and/or volunteer time budget for your philanthropy.
Much more information on what a charity volunteer can deduct (including mileage rates) is now available at SeriousGivers.org at the “What can a charity volunteer deduct?” page. Go there for ongoing coverage (comments are closed on this page).
Answer: First, you can’t deduct the value of your time or services. If you [...]