Guide to Charitable Donations for Small Business Owners
Nearly 75% of small business owners donate to some form of charity, and small businesses as a whole donate 250% more than large companies to local organizations. This makes charitable giving one of the most common ways to obtain tax benefits for a small business. Considering you can contribute to a cause that you care about, support your local community, and provide benefits to your small business all at the same time, who wouldn’t want to donate to charity? If you’re a small business owner considering charitable donations, this guide can help you find the best way to donate to maximize your contribution and minimize your taxes.