Many of us are spending large sums of cash on entry fees for open water races. Many of the organizers of these races have organized as non-profit (501)(c)(3) corporations (GCBS, Save The Bay, etc).
Are you listing these entry fees as deductions on your tax return? Is there a swimmer/accountant who would like to stick their neck out with some advice for us?
Thanks,
Hopper
www.swimvacation.com
Are you listing these entry fees as deductions on your tax return? Is there a swimmer/accountant who would like to stick their neck out with some advice for us?
Great question, but I don't make enough to donate enough in the course of a year to report any of it
The organization did, however, send me a couple of letters about my donation, I believe on the "you gave $xxx and did not get any goods or services in return" lines.
Are you listing these entry fees as deductions on your tax return? Is there a swimmer/accountant who would like to stick their neck out with some advice for us?
Great question, but I don't make enough to donate enough in the course of a year to report any of it
The organization did, however, send me a couple of letters about my donation, I believe on the "you gave $xxx and did not get any goods or services in return" lines.
