Can an LLC write off pro bono work?

Can an LLC write off pro bono work?

According to the IRS, if you provide a pro-bono service to a certified nonprofit you cannot write that service off in the amount of your hourly rate. You can write-off any expenses that you incur while providing that service.

Can I write off pro bono work on taxes?

Any professional work that is done pro bono has limitations to what you can claim. From the IRS, they state that “Although you cannot deduct the value of your services given to a qualified organization, you may be able to deduct some amounts you pay in giving services to a qualified organization.

Can I write off free services?

You generally can't deduct the fees that you would normally charge for your services as pro bono services, but you might be able to take deductions for certain qualifying expenses on your tax return. ... The IRS clearly indicates that you can't deduct the value of your services or your time that you spend helping others.