1.03.2007

Fueling a tax discussion


Carbon offsets are a fantastic idea. But are they tax deductible or not?

According to the Native Energy FAQ page, (these are the guys that the OIA and a few other OR companies are partnering with) it sure seems like the whole thing is a write off, regardless of the fact that the organization is a for-profit entity. But, to be a prude about the whole thing, anytime it says "check with your accountant," it's probably a verrrry wise idea.

If you're feeling at all squirelly about the whole thing but still want to do your part, use CarbonFund.org instead. They're clearly a non-profit organization, which ensures full compliance with the tiny print that you'll find at the bottom of your audit subpoena.

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