Acting on a Charity’s Behalf

By |2017-04-21T12:49:15-05:00January 1st, 2017|Deductions, Nonprofit, Tax, Tax Services|

If a for-profit business collects donations on behalf of a charity, are the contributions tax deductible for the donors? If the business is acting as an agent for the charity, the donations may be tax deductible. The agent can also provide contemporaneous written documentation to donors to substantiate their income tax deductions. The agent should [...]