GHJ Tax Experts Katie Hettinger and Nisha Golcha shared their insights on tax deductions at a webinar presented by the Santa Clara County Food Recovery Program on Thursday, March 13, at 2 p.m. (PST). The “Special Tax Benefits for Food Donation” session provided valuable guidance on maximizing tax benefits for food donations.
As part of GHJ’s commitment to advising businesses on strategic tax opportunities, Katie and Nisha revealed how the enhanced tax deduction — potentially worth up to twice the cost of donated food — can benefit businesses while supporting communities in need.
Key topics covered included:
- Why donating surplus food can be more financially advantageous than disposal or composting
- How tax benefits align with community support and state regulations, such as California’s SB 1383
- Understanding the enhanced tax deduction and navigating special tax situations
- Best practices for working with your CPA/bookkeeper to maximize deductions
Positioned ideally to serve Northern California, the GHJ San Jose office provides expert guidance to businesses throughout the region. GHJ team members in San Jose are deeply connected with the community and work with numerous individuals, businesses and nonprofit organizations to support their financial and operational success.
View the recording:
