Will_Grover

• Will_Grover 18 Jan 2021 14:10 UTC

  1 point

  0 ∶ 0

  in reply to: Alexander_Berger’s comment on: If I am a US busi­ness owner, can I legally donate to an un­re­lated char­ity as a busi­ness ex­pense to avoid the 37% in­come tax on that amount?

  Terrific. Thanks for this info! Looks like I can do up to 25% this year (although less in a typical year).

[Question] If I am a US busi­ness owner, can I legally donate to an un­re­lated char­ity as a busi­ness ex­pense to avoid the 37% in­come tax on that amount?