-
-
interesting not earth shattering
The key facts that in my mind separates this taxpayer from most doers of good deeds are that she was affiliated with 501(c)(3) organizations that lent her their mantles on a cat by cat basis and that she kept good records. For her total "cat" expenses she appears to me to have lost: 1 a percentage for the fact that she had a few cats as personal pets; and 2 all her expenditures above $250 at one time because she had no understanding of the fact the rules for those expenditures are different from the rules for smaller expenditures.
Most of my dogooding clients do not work with 501(c)(3) organizations or keep good records. Either of these failures alone would be sufficient to doom the tax deduction.
Comment