Posts Tagged ‘sample business plans non profit’
Business Plans Non Profit

Question: If I am not a non-profit org, can businesses/companies still use their donation/grant as a tax write off?
I am planning an art show but I am not part of any non-profit organization. It would be fine if the businesses/companies would write the checks directly to the city of Los Angeles because the money is going towards permit fees. Would this still qualify as a tax write off?
The show is a community service project and admission is free.
Answer: It may qualify as a business expense as a sponsorship. However, it will not qualify as a charitable deduction.
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