The way our CPA explained it, any company who provides us a service or item, either at cost or free of charge, can claim the retail amount as a 'donation' or charitable giving. So while a bolt of Moda may wholesale for $4 a yard my LQS retails it for $10.25 so they would get a charitable giving tax deduction for $102.50 assuming they gave it to me free of charge. If I paid the whole say cost for it they would get a $62.50 deduction.





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yes, you have to buy the entire bolt, yes you have to buy multiples. For example, rulers are generally sold in bundles of 3 so you have to buy 3 of the exact same ruler! They are very strict with the $250 minimum! I have a house account if you'd like to go sometime.

