Track_Shovel@slrpnk.net to Memes@lemmy.mlEnglish · 1 year agoNo, I would like your multimillion dollar employer to, though...slrpnk.netimagemessage-square19fedilinkarrow-up1229arrow-down15
arrow-up1224arrow-down1imageNo, I would like your multimillion dollar employer to, though...slrpnk.netTrack_Shovel@slrpnk.net to Memes@lemmy.mlEnglish · 1 year agomessage-square19fedilink
minus-squareiAmTheTot@kbin.sociallinkfedilinkarrow-up13·1 year agoTo preempt the inevitable: no, companies do not take your donations and then use them as a tax write off to somehow profit. That’s a myth. That’s not how taxes work. Those donations are yours and you can claim them on your taxes. Yes, really.
minus-squarePog@lemmy.blahaj.zonelinkfedilinkarrow-up1·1 year agoThat’s exactly what a CEO would say hmmm
minus-squareAssholeDestroyer@lemmy.mllinkfedilinkarrow-up0arrow-down1·1 year agoThey definitely don’t profit but don’t donations lighten a corporation’s tax liability?
To preempt the inevitable: no, companies do not take your donations and then use them as a tax write off to somehow profit. That’s a myth. That’s not how taxes work. Those donations are yours and you can claim them on your taxes. Yes, really.
That’s exactly what a CEO would say hmmm
They definitely don’t profit but don’t donations lighten a corporation’s tax liability?