I am considering offering to a family in crisis very reduced rate or free services.Mostly so the child has continued consistantsy in a very unsettled situation. How does this equate at tax time? Last years accounting we had done was not up to par so we can't ask them right now and we would like to know. Have any of you done this or do you know Michael?Will tom Copelands site have that info?
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Originally posted by Unregistered View PostI have done this in the past. I was told we cannot take it as a "loss". What you do is claim that income that you receive just like any income, and claim anything you spent just like any other expenses. That's it.
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Originally posted by Unregistered View PostI am considering offering to a family in crisis very reduced rate or free services.Mostly so the child has continued consistantsy in a very unsettled situation. How does this equate at tax time? Last years accounting we had done was not up to par so we can't ask them right now and we would like to know. Have any of you done this or do you know Michael?Will tom Copelands site have that info?
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