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How do record an "in-kind" donation for my services I gave to a non-profit organization?
11/7/09 1:42 AM
Total Views: 36
Total Views: 36
How do I record an "in-kind" donation for services I provided for free to a non-profit organization? I donated a free month of bookkeeping service to a non-profit organization to help them raise money. How would I record this information?
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Answer
11/7/09 9:27 AM
As a bookkeeper you should know that you don't. From the IRS "The value of services rendered to any organization is not deductible, but unreimbursed expenses relating to those services are deductible."
Marc Barnes
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