January Donation!
03/30/10 11:36 AM
The checks for January’s sales arrived earlier this month. The grand total for January was $1827.81. I made the donation this morning.
(For those who are curious, since I didn’t have a way to quickly set this up as a 503(c) charity, the checks come in my name, and are reported as income to me. So the donation also goes in my name and I claim it as a deduction. This means I don’t have to pay income tax on these donations.)
(For those who are curious, since I didn’t have a way to quickly set this up as a 503(c) charity, the checks come in my name, and are reported as income to me. So the donation also goes in my name and I claim it as a deduction. This means I don’t have to pay income tax on these donations.)