Re: Virtual Consultant Fee

[boothm@xxxxxxx]

I believe their theory is that the revenue equals the gift.  If it's worth 
$1,000, fine.  That's added revenue.  You gave it away, so it's deductible.  If 
you deduct it, you have to claim it.  But if you claim it, you can deduct it  
so long as the other deduction guidelines are not exceeded.


In <000601bdf620$fca1f220$c90110ac@kevinw.hurtcompanies.com>, on 10/12/98 
   at 03:43 PM, "Kevin Watkins" <kevinw@hurtcompanies.com> said:

>Under IRS Publication 526 you can not deduct "The value of your time or
>services".  Some may find creative ways around this... (and I would like
>to hear/try them!)

-- 
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boothm@ibm.net
Booth Martin
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