Quote:
Originally Posted by Rochard
Bull fucking shit.
You said you donate to "little league teams". One of my good friends is fund raiser for our sports league. Our sports league is a non profit charitable organization. Of course you write it all off.
You would be an idiot not to.
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Your question was, Do you write it
ALL off? And the answer was no. And it still is NO. Like someone already told you. You understand about taking a deduction for a bedroom. If you think that I or anyone else gives to charity so we can write it off,you are simply wrong. The deductions allowed are only a percentage of the donation.
If I was a greedy bastard I would be much better off keeping every cent we make. There are a lot of deductions available to a "C": corp that build equity. Charitiable contributions don't build equity. They build goodwill in the community.