• 0 Posts
  • 3 Comments
Joined 8 months ago
cake
Cake day: May 3rd, 2024

help-circle
  • Obviously, it’s not possible for a store to claim a tax deduction for a customer’s charity donation. But, the store can claim tax deductions for the cost of collecting the donated money on the charities behalf.

    Costs would include: a percentage of the staff members salary for asking the customer to donate, equipment costs to modify the registers to process donations, a percentage of the credit card transaction fees, a percentage of the shop lease costs, etc etc.

    Initially, it sounds ridiculous as the real costs of what I listed above would realistically land somewhere between zero and shit-all. But we can be sure that the businesses that ask their customers for charity donations have all the numbers geared heavily in their favor.