The Picard Maneuver@startrek.website to Memes@lemmy.ml · 1 year agoNot today, sorry.startrek.websiteimagemessage-square241fedilinkarrow-up11.36Karrow-down164
arrow-up11.29Karrow-down1imageNot today, sorry.startrek.websiteThe Picard Maneuver@startrek.website to Memes@lemmy.ml · 1 year agomessage-square241fedilink
minus-squarecountflacula@lemmy.calinkfedilinkarrow-up8arrow-down2·1 year agoCharity donations are tax deductible (usually) so what you’re doing is giving the business a means to bring down their contributions for the year. It’d really be best if you just donated directly.
minus-squareWoahWoah@lemmy.worldlinkfedilinkarrow-up8arrow-down5·1 year agoNo. That’s not how that works.
minus-squareSMT42@lemmy.worldlinkfedilinkarrow-up1arrow-down1·1 year agoDeductible means they don’t pay taxes on the money they donated It does nothing to reduce the tax burden on their profits
Charity donations are tax deductible (usually) so what you’re doing is giving the business a means to bring down their contributions for the year. It’d really be best if you just donated directly.
No. That’s not how that works.
Deductible means they don’t pay taxes on the money they donated
It does nothing to reduce the tax burden on their profits