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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: FaultLine who wrote (636)	5/8/2003 12:46:18 AM
From: KLP	Read Replies (1) \| Respond to of 794263

Where is our accountant...? If one gets a speaking fee...and decides to donate it to a non profit...say the DNC.....Does the speaker actually take the check, pay the 39.6% tax on the whole, and donate whatever amount to the nonprofit....take the deduction.... OR does the speaker take a portion of the fee, and have the group paying the speaker donate the money directly to the non-profit....who takes the deduction? How does this work? (No I don't know....) Hopefully someone can tell us how this works...