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This topic was originally posted in this forum: Tires, Rims Discusssion
Author Topic:   Taxes Deductible
sam771
unregistered

Posts: 7907
From: Las Cruces, NM, USA
Registered: DEC 2001

posted 07-22-2002 09:27 PM           
I think POA is a non-profit organization, if I made contributions to the POA it should be Taxes deductible Isn't it?

Any CPA or Taxes consultant is POA member can give us an advise.

jkburns
Prowler Junkie

Posts: 1370
From: Mankato, Minnesota, USA
Registered: MAR 2002

posted 07-23-2002 12:12 AM     Click Here to See the Profile for jkburns     
Sam:

I believe in order to take a deduction, POA would have to be registered as a 501(c)3, which to my knowledge, it is not.

Anyway, the money you send in you would have spent on unproven mods, non-AC Stamp Of Approval after-market gear and trial and error.

Contributing to POA is a win-win situation(IMO).

Kevin

------------------
2002 Inca Gold
"Stock, cocked and ready to rock!"


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