The Pet Tree House - Where Pets Are Family Too : Considering Your Taxes? Don’t Forget Your Foster Pets The Pet Tree House - Where Pets Are Family Too : Considering Your Taxes? Don’t Forget Your Foster Pets

Sunday, February 8, 2015

Considering Your Taxes? Don’t Forget Your Foster Pets


Do you need another excuse to foster a homeless pet? Love the idea of fostering but fear the potential costs? How about a tax deduction?

You read that correctly. Some of the expenses of fostering a pet for an adoption organization can be deducted as services rendered to a qualified 501(c)(3) organization. Things like pet food and supplies, veterinary bills, and even the paper towels you may need to clean up after your foster-furball can qualify as expenses for fostering a pet. If your foster operation is large enough you may be able to claim a portion of your home utilities as well. You can even deduct 14 cents per mile for trips made solely for the organization.

To read more on this story, click here: Considering Your Taxes? Don’t Forget Your Foster Pets
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