Maximize cost savings by donating excess inventory. Donating excess inventory yields better financial outcomes than liquidating or destroying goods - and always yields a better impact. Donating Simplified Destruction * Cost Basis + 1/2 Gain Cost Basis VS Qualified Donation Tax Deduction Inventory Write-Off Deduct Up to 2x Cost Basis Maximum Tax Deduction | Donation is the Best Possible Treatment *Gain = the unrealized difference between Fair Market Value and the Cost Basis of the item. © 2024 Donating Simplified Inc. | 11 **This is not Tax Advice, please consult with your own tax advisory re: Code Section 170(e)(3).