Posts Tagged ‘charity’

‘Tis the Season of Giving (and Tax Deductions)

As small business owners, we’re all looking for ways to support our community during this season of giving.  Whether it be a local organization or a global cause, providing a charitable donation is not only good for the soul, but also for boosting company morale and customer perception.  Not to mention, the benefits of that beloved tax deduction. If you make a charitable donation before December 31, you may be able to write it off on your 2013 taxes. Sponsoring a local charity event, donating inventory or services, making a cash donation, or volunteering, are all considered forms of charitable […]

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Find the Financial Benefits in Giving Back to Your Community

As you work with your favorite bookkeeper or tax professional this season, you’ll likely go over any charitable contributions your company made in 2012.  And you’ll probably kick yourself when you realize you could’ve done more and been rewarded with not only financial savings, but also the feeling of satisfaction in making a difference in your community. In 2013 we encourage you to seek out a local 501(c)(3) organization that has synergy with both your core values and corporate objectives. Next, decide how best to involve your organization with the charity.  Perhaps you have excess or obsolete inventory that makes […]

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