VolunTourism Trips Inside VolunTourism.org Resources Global Education Media Contact Us Home

 
 
 
January 2006 - Wisdom & Insight
ARCHIVE QUICK LINKS

JANUARY 2006 - Home

FEATURES:
FEATURE ARTICLE 1
FEATURE ARTICLE 2

COLUMNS:
So You May Know
UnXpected
Wisdom & Insight
VT-Lines
3-Q's
Supply Chain
Study & Research


ARCHIVES - Home

The VolunTourist™ is a premium Newsletter for the Travel Trade. For those interested in discovering what is happening in the world of VolunTourism and seeking emerging practices, general information, and case studies, this is your Source.

Wisdom & Insight

What Is IRS Publication 526?

If you are considering offering tax deductible options for your VolunTourists, this is a document with which you need to familiarize yourself.

Tax season is upon us in the United States and April 15th comes only too soon when you are considering how to make the most of your deductions in an effort to reduce your annual payment to "Uncle Sam." But the question that concerns us as VolunTourism Operators is this:

WEEKLY WEBCAST

Tuesdays 10am ET/7am PT

What portion, if any, of a VolunTourism experience is tax deductible?

Several years ago, the Internal Revenue Service (IRS) compiled a relatively small document by their standards - only 20 pages in length - that specifically addresses the type of travel expenses that can be deducted and what items cannot be deducted. This Publication 526 gives an excellent description of exactly what the IRS terms as deductible and non-deductible expenses. From page six, paragraph one of the publication:

"Generally, you can claim a charitable contribution deduction for travel expenses necessarily incurred while you are away from home performing services for a charitable organization only if there is no significant element of personal pleasure, recreation, or vacation in the travel."

The publication continues by providing specific examples of what is considered tax deductible and what is not considered tax deductible. Example #3 states:

"You work for several hours each morning on an archaeological dig sponsored by a charitable organization. The rest of the day is free for recreation and sightseeing. You cannot take a charitable contribution deduction even though you work very hard during those few hours."

Is there a way to still provide a charitable contribution deduction for VolunTourists?

This is a question that we plan to discuss with a tax accountant and present our answers to you in the February newsletter.

For further information on Publication 526, visit the IRS website or download the form as a PDF document.

[Return To The Top]

 


 

 

VolunTourism:
A seamlessly integrated combination of voluntary service to a destination and the best, traditional elements of travel—arts, culture, geography, and history—in that destination.

VolunTourism.org
717 Third Avenue
Chula Vista, CA 91910
Phone: 619.434.6230
Fax: 619.426.6664

General Inquiries
vt[at]voluntourism.org

Subscribe to
The VolunTourist
free newsletter

Email

First Name

Last Name