Thread: Can a small business deduct a service provided Gift-in-Kind to a public...
View Single Post
  #3 (permalink)  
Old 03-06-2008, 05:13 PM
Spock (rhp) Spock (rhp) is offline
Member
  
Join Date: Feb 2008
Posts: 38
Rep Power: 0
Spock (rhp) has a spectacular aura about
the gym can only deduct its out of pocket costs, including allocations. The "value" is immaterial since there was no revenue involved.
Reply With Quote