Pro Bono 2424 Responses

Last post: 2 years, 2 months ago | Thread started: Mar 12, 10, 11:04 a.m.

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Out of context: Response #10 [Mar 12, 10, 11:04 a.m.]

• nosaj

  Say you made $50,000 in a year and contributed another $50,000 of your time to a charity and you were able to claim pro bono work done for nonprofits as charitable donations you would not pay any income tax at all.

  If you made $50,000 in a year and contributed $50,000 cash to a charity you would have no income to tax - thus a $50,000 tax deduction.

  

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