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Subject: Re: FLASH: [OT] Tax Deductible Work?
From: Jake.Gorst
Date: Tue, 30 Mar 1999 16:10:54 +0100

Yes, your expenses are deductible - but not your time. Time is not physically
tangible.

Jake Gorst
http://www.jonamac.com




Brad Merritt <bradatpmg [dot] net> on 03/30/99 09:47:36 AM

Please respond to flasheratshocker [dot] com

To: flasheratshocker [dot] com
cc: (bcc: Jake Gorst/SMC)
Subject: Re: FLASH: [OT] Tax Deductible Work?




At 08:36 AM 3/30/99 -0500, you wrote:
>Hi, everyone.....
>
>This past year, we wound up doing a pretty fair amount of work for free for
>a charity that we support. Logo recreation, mastheads for newsletters, etc
>(for web and print), and someone suggested that we should deduct the work
>on our U.S. Federal Income Taxes. Our accountant seems to think that we
>could only deduct materials (disks, shipping costs) and not services, which
>wouldn't amount to anything since we worked via email and FTP. We live in a
>rural area, and have to wonder if he just doesn't understand that digital
>work is not some ethereal thing, but the equivalent of old-fashioned
>mechanicals that were photographed and printed - something tangible.
>
>Does anyone know the answer or a source on the web where we might find it?
>
>TIA,
>
>Mike
>
Your accountant is correct, you cannot deduct your time. I tried the same
thing.

Brad Merritt


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