Help a charity with a discount and help yourself with a dediction

Your business may be able to deduct discounts to non-profits.

Charitable Contributions

Doing good can also be good for your bottom line. If you donate land so the local homeless shelter can build a new facility to house more people, you can write off the full market value...


But Congress recently tightened the rules for substantiating donations
of money. As of Jan. 1, 2007, cash contributions, no matter how small,
can't be written off unless you have a canceled check, bank record, or
a receipt with the charity's name and donation amount...

For property worth more than $5,000 ($10,000 for stock in closely held firms), you'll need to get a formal appraisal...

You can take the deduction for your contribution in the year that you make it...


The IRS has an online search tool that allows you to enter the name and
location of an organization and find out instantly whether it passes
muster. Go to http://apps.irs.gov/app/pub78.