Running & Taxes & Race Registrations, Oh My!

Katie H.
on 6/1/10 11:58 am - Charlton, MA
I'm usually such a slacker with my taxes, but decided I was going to be a bit more pro-active this year so I had e-mailed my tax guru (aka my dad's business accountant) and asked if I could write off race registrations that were for races that were for charity or non-profits...long story short, it's a tax write-off!  And he also told me to keep track of mileage driven to/from the races as it's considered charitable mileage...so win all around!!

Figured it was useful information that I ought to share with everyone!

"Running has the power to change your life. It will make you fitter, healthier, even happier."   ~Selene Yeager, "Let's Get Started," May 2010 issue of Runner's World

fatfreemama
on 6/1/10 3:38 pm - San Jose, CA
 That's great.  Thanks for sharing.  I never even thought to ask the question.
Jan
Bay to Breakers 12K May 15, 2011 (1:54:40)           First 5K 5/23/11 (41:22)
Half Marathons: Napa:  7/18/10  (4:11:21)   7/17/11 (3:30:58)   7/15/12  (3:13:11.5) 
                        
 SJ Rock and Roll: 10/2/10 (3:58:22)  Run Surf City: 2/6/11 (3:19:54) 
                         Diva: 5/6/12 (3:35:00) 
HW/SW/CW  349/326/176
"Great spirits have always encountered violent opposition from mediocre minds." - Albert Einstein

Scott William
on 6/1/10 9:51 pm
That is some useful info. Thanks
Scott

Link to my running journal
http://www.disboards.com/showthread.php?t=1303681

4 full's - 14 halves - 2 goofy's and one Mt. Washington!
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