IT Asset Disposition and Fair Market Value: Maximize Tax Benefits While Ensuring Compliance
Donating retired IT assets offers companies a strategic opportunity to reduce e-waste, support nonprofits, and gain significant tax advantages when done correctly. This white paper guides businesses through best practices for valuing donated assets, meeting IRS documentation requirements, and avoiding common pitfalls that can invalidate deductions. It emphasizes the importance of working with a reputable ITAD Managed Service Provider (MSP) to ensure secure data destruction, proper documentation, and compliance. By integrating asset donation into broader sustainability and CSR initiatives, businesses can maximize financial returns, contribute to digital inclusion, and enhance their reputation through responsible IT asset management.
