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- May 16, 2009
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If someone where to create their own publishing company as a sole proprietor, self publish their own book, and donate some copies of the book to prisons, libraries, and churches, could those books be written off as tax deductions?
One avenue I was considering for my nonfiction book for soon-to-be released prisoners was to donate some to indigent prisoners, churches that have prison ministries, and prison libraries. If possible, it would conceivably be a win-win for everyone: Prisoners would get the book, agencies that assist prisoners would be able to do so, and I would eventually recoup the cost of the book itself.
What say you?
One avenue I was considering for my nonfiction book for soon-to-be released prisoners was to donate some to indigent prisoners, churches that have prison ministries, and prison libraries. If possible, it would conceivably be a win-win for everyone: Prisoners would get the book, agencies that assist prisoners would be able to do so, and I would eventually recoup the cost of the book itself.
What say you?