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    extaca's Avatar
    extaca Posts: 1, Reputation: 1
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    #1

    Oct 18, 2014, 03:37 PM
    Charitable deduction question
    My business often partners with charities in sponsoring event. In exchange for them inviting their members to the event, we give them a percentage of the sales generated. My question is, what is the difference to us of treating the payment as a commission vs a charitable contribution?
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    Oct 18, 2014, 04:19 PM
    I see no reason why you can't treat the donated portion of sales made at the events as a charitable contribution.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Oct 18, 2014, 10:37 PM
    There is no real difference to the bottom line, but I would treat it as a commission paid for bookkeeping and tax purposes.
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