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Will_Grover

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21If 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?Q14d

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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).