When it comes to any charitable deduction, it has to be the amount spent and NOT the valuation of what they should have received.
About Wayne Allen Cameron
My background in Taxation spans 32 years of service primarily concentrating on the Self Employed person. Since I am one of these, then I readily share the tax & business knowledge to each and every client I have. I am a member of the California Society of CPAs and subscribe to numberous tax resources to keep up to date with the ever present changes in Tax Law. I will also represent clients in IRS Audits or other troubles that occur.Wayne Allen Cameron, CPA
Accountant-Taxation.
My background in Taxation (MBA-Taxation) spans 32 years of service primarily concentrating on the Self Employed person. I do serve small corporations (Both Sub Chapter C & Sub Chapter S), partnerships, LLCs, LLPs and trusts. I am licensed in California with reciprocity to all the other States and am a member of the California [...]
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