Monetary Value of Volunteer Time

On Tuesday, January 24, 2012, VolunteerSpot launched a “Tiny Cars” campaign to fight for support of H.R. 387: Charitable Driving Tax Relief Act of 2011.  Passage would mean an increase of the measly $.14 per mile tax deduction rate for charitable driving unchanged by the U.S. Congress since 1997. That’s compared to the 50 cents per mile deduction for business use of a personal vehicle in 2011.  And the new bill would also no longer count such reimbursement to volunteers as gross income.