June --
I am an Athletic Trainer/Strength & Conditioning Specialists as an indie for 3 years.
I had a question and I could not find the answer on your blog so I was hoping that you might be able to shed some light on something for me. I am an independent contractor, indie, and I donate my time to a not for profit organization. At times this takes me away from scheduled appointments and on out of town trips were I miss my work...can I claim this time as a loss? I know that I cannot deduct my time, but I am losing profit in order to donate my time to the non profit.
Thanks for all of the other great information that you provide on your blog.
Matt
Charleston, WV
Hello Matt,
No deduction. Just extra good-guy points.
Read these posts expenses -- donated services or products .
Best,
June
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