They take the media credit, and then they get the tax credit, too. Couldn’t agree more, we rent U-Hauls and they ask for donations too and I tell my customers exactly that, don’t donate to the so they can donate all the money and save paying some taxes.
They do not get tax credits for this. That’s not how taxes work (if they claimed the donations as profit, then donated them, it would be a net zero gain).
The donations are yours. You can claim them on your own taxes.
They take the media credit, and then they get the tax credit, too. Couldn’t agree more, we rent U-Hauls and they ask for donations too and I tell my customers exactly that, don’t donate to the so they can donate all the money and save paying some taxes.
They do not get tax credits for this. That’s not how taxes work (if they claimed the donations as profit, then donated them, it would be a net zero gain).
The donations are yours. You can claim them on your own taxes.