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2 Copyright Â© 2014 Deloitte Development LLC. All rights reserved Agenda Tax Deductibility of Travel, Meals and Entertainment ExpensesDocumentation RequirementsPotential for Income Inclusion with Regard to EmployeesCurrent IRS Examination Trends Q&A.
The general tax rule is that although taxpayers can deduct the value of their qualified property donations, they cannot deduct the value of their services or time spent volunteering. Taxpayers can deduct their incidental expenses incurred while providing their charitable or volunteer services, with limited exceptions.