If you foster an animal for a nonprofit rescue any costs you incur might be tax-deductible.
In 2011, a landmark court ruling, which allowed fosters to write off expenses, had rescue volunteers barking up a storm about the paw-sitive news. Experts tell us the recent changes to federal tax laws have not changed this benefit.
Accountant Annie Whittington said hard-working fosters should claim their expenses. “Being a rescuer is like having a second job that you never get to clock out of, and although it’s food for the soul, you don’t get paid either,” she said. “I think it’s a great benefit that a lot of people don’t know about.”
To read the rest of Watchdog Mary’s article in Grit Daily, click here.
