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Showing posts with label donation and tax deduction. Show all posts
Showing posts with label donation and tax deduction. Show all posts

Wednesday, July 10, 2013

Deducting donated space

Q. Can a private business deduct from their taxes donated rental space? If they lease their space out during non-business hours, what is the standard deduction?

A. Yes according to me the donated things can be deducted from the tax.

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