are all the charity's non-profit and if so are the bids tax deductible?
We are looking into this!
any update on this?
Based on this I think the bid amounts should be deductible but I'm not a tax expert
https://www.taxslayer.com/blog/5k-charity-run-is-it-tax-deductible/#:~:text=The%20only%20way%20you%20can,treat%20racing%20as%20your%20business.&text=In%20that%20case%2C%20you%20would,not%20count%20as%20a%20deduction.
thanks nate, i didn't mean to ask for tax advice :D, none of the charities had been posted when i originally asked. so was mainly wondering if they were "IRS eligible" orgs.
Yep! As far as I know they all should be!
We are looking into this!
any update on this?
Based on this I think the bid amounts should be deductible but I'm not a tax expert
https://www.taxslayer.com/blog/5k-charity-run-is-it-tax-deductible/#:~:text=The%20only%20way%20you%20can,treat%20racing%20as%20your%20business.&text=In%20that%20case%2C%20you%20would,not%20count%20as%20a%20deduction.
thanks nate, i didn't mean to ask for tax advice :D, none of the charities had been posted when i originally asked. so was mainly wondering if they were "IRS eligible" orgs.
Yep! As far as I know they all should be!