The title of this sounds pretty lacking in the “merry and bright” department…especially considering this is the 25 Days of Giving series! But, the name here describes a little-known deduction beneficial for volunteers…and nonprofits to stress to volunteers to indeed encourage more volunteering! The IRS does NOT allow a charitable deduction for volunteering your services. However, … Continue reading 25 Days of Giving: What the “No Smile” Rule Means for Your Taxes