Charities and their Volunteers: Tax Implications

Posted by on July 01, 2013

IRS plans phone forum on volunteers

The Internal Revenue Service will hold a teleconference on Charities and their Volunteers on July 17th at 2pm.

Many charities use all-volunteer labor to accomplish their work. Even those fortunate enough to have paid staff often rely heavily on volunteers to enhance their efforts. This teleconference will help charity leaders and tax practitioners understand the tax rules that can come into play with volunteers. It will discuss what charities and their volunteers need to do to avoid any unintended tax consequences for the organization or the volunteer.

Topics include out-of-pocket expenses, which expenses are deductible, travel expenses, vehicle expenses, recordkeeping and reimbursing the volunteer.

To register, go here.

http://ems.intellor.com/index.cgi?p=204706&t=71&do=register&s=&rID=417&edID=305