TRANSPORTERS: Tax season is here and I want to remind you that you can write off your transporting expenses (if you havent submitted them to us during the year) Car and transportation expenses. Volunteers can deduct car and transportation expenses incurred to get back and forth from home to your office, or to meetings or other sites (such as a special event). Volunteers who drive can choose between deducting actual gas and oil used, or else take a mileage deduction at the rate of 14 cents per mile. Given the high cost of gasoline today, most volunteers are better off keeping track of actual driving expenses. Volunteers can also add in parking fees and tolls. However, volunteers cannot claim general car repair and maintenance expenses, depreciation, registration fees, or the costs of tires or insurance. Those volunteers taking public transportation can deduct subway, bus, or taxi fare. Check with your accountants & thank you so much for transporting our furbabies to their new homes!
Posted on: Sat, 01 Feb 2014 20:56:10 +0000
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