Gifts To Volunteers Taxable
Volunteer labor is also tax favored in the sense that nonprofit organizations do not pay payroll taxes on that labor. Political Contributions Limits. Our associates contributed nearly 500,000 volunteer hours. If your not-for-profit is: registered and incorporated, it will pay the company tax rate 28%; unincorporated, it will pay tax based on the individual tax rate. AARP's Tax-Aide program provides free tax preparation and counseling information to all low and middle-income taxpayers, even if you are not an AARP member.