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Hello, Patch Pet Lovers!
Since that dreaded time of year approaches, tax season, Pet news and views is reminding everyone that has fostered a pet, you can claim a tax deduction.
Find out what's happening in Cinnaminsonfor free with the latest updates from Patch.
Now don't go running out rescuing a pet thinking the care is free… this is for people who devote their lives to saving animals and receive no compensation, as money could not be nearly rewarding as helping homeless babies, which comes from the heart!!! But, to help with the costs for those whose heart is much, much, much larger than their budget,… this is outstanding!!! : )
Have You Fostered a Pet? You Can Claim a Tax Deduction
MARCH 19, 2014
By MICHELE C. HOLLOW Having your dog actually do your taxes is not recommended.
Love the idea of fostering a cat or a dog, yet fear the expenses? The good news is that each cat and dog that you foster can be a tax deduction.
Find out what's happening in Cinnaminsonfor free with the latest updates from Patch.
Jan Elizabeth Van Dusen sued the commissioner of the IRS over “unreimbursed volunteer expenses while caring for foster cats in her private residence.”
She was reimbursed for pet food, pet supplies, and veterinary bills. If you foster cats or dogs, you can deduct these expenses too. You just have to show proof that you are fostering through a qualified 501(c)(3) organization. In some cases you may even be able to claim a portion of your utility bill if your foster operation is large. You can also deduct 14 cents per mile for trips made solely for the organization.
Michele C. Hollow writes about pets and wildlife for parade.com, Family Circle, dogtime.com, and other publications. Her blog, Pet News and Views, covers animal welfare. She is the author of The Everything Guide to Working with Animals. You can connect with her on Twitter @michelechollow.
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Helping to keep beloved furry babies healthy and safe... and pet parents informed!
Lori
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