Tax-Saving Opportunities
for Volunteers

Call Beucler Company CPA to help you with maximizing your income tax deductions.

Income tax laws can be difficult to understand and are always changing.  Make sure you are maximizing your deductions and that your records are audit proof.

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The spirit of volunteerism is alive and well in America.  According to the Bureau of Labor Statistics, about 64.5 million Americans volunteered at least once.  If you did volunteer work for a charitable organization and you itemize deductions on your tax return, you may be able to count some of your expenses as charitable donations for the year.

You may not, however, deduct the cost of your time, even if the organization would have to pay someone else to do the same job.  Here are some expenses that are deductible:

Car expenses - As long as you do not receive reimbursement, you can deduct out-of-pocket expenses incurred in traveling to and from the place where you volunteer or in the driving you do on behalf of a charitable organization.  You can deduct either the actual cost of gas and oil used in these activities, or use the standard mileage rate of 14 cents a mile.  The cost of repairs, maintenance, tires, and insurance are not deductible, nor are registration fees or depreciation.  Parking fees and tolls are deductible.  Just make sure you keep appropriate records so you can back up your deduction.

Overnight Travel expenses - If you travel on behalf of a charitable organization (to a conference, for example), you may be able to deduct your unreimbursed transportation cost and reasonable lodging and meal expenses.  None of the expenses can be for your personal entertainment or accompanying family members.

Office Supplies -  If you purchase materials (paper, envelopes, ink cartridges, etc.) and use them for volunteer work you do for a qualified organization, you can deduct any unreimbursed expenses.

Volunteers often fail to realize they may be able to count some of their expenses as charitable donations.  If you have any questions, please let us know.

In an audit poor or incomplete records will cost you money every time.

The taxpayer should seek advice
Based on the taxpayer’s particular circumstances
From an independent tax advisor

Beucler Company CPA, Inc.
2503 Summit St.
Columbus, OH  43202
(614) 784-1099

Internal Revenue Service Circular 230 Disclosure:  As provided for in Treasury regulations, advice (if any) relating to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of (1) avoiding penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any transaction or matter addressed herein.