Life in Africa - USA
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Comment by John Berger
Author: John Berger (32)
Date posted: Tue, 29 Jan 2008 06:34:08 PST
Comment on: iGive is so cool! (0)
Feedback score: 0 +|-
I guess I should sign up TEN for this but I am still concerned about the tax deduction component. It is clearly illegal for them to offer a tax deduction when people are receiving goods. The IRS is very clear on this - buying a $100 item and getting 5% off to charity is nice - but that 5% cant be deducted from your taxes as you received goods worth $100.
They are going to get burned on this and I am worried that if I list this on our site and promote it then am I promoting a tax fraud?