moist_plum
Apr 8, 2007, 06:02 PM
Hi
If I provided a work for non profit with a discounted rate (approx. 20%), can I put
Down the discounted amount in Charity/Donation sector? This was how I and
My non-profit client negotiated the pricing when we began the work relationship,
And I would like to check if this is really possible.
I have a letter from the client, who is a University, saying that they are
A non-profit organization, and therefore they were offered a discounted rate.
In case of IRS audit, would this be enough to justify "Charity/Donation" amount?
Thanks so much again in advance.
Best
If I provided a work for non profit with a discounted rate (approx. 20%), can I put
Down the discounted amount in Charity/Donation sector? This was how I and
My non-profit client negotiated the pricing when we began the work relationship,
And I would like to check if this is really possible.
I have a letter from the client, who is a University, saying that they are
A non-profit organization, and therefore they were offered a discounted rate.
In case of IRS audit, would this be enough to justify "Charity/Donation" amount?
Thanks so much again in advance.
Best