USA Donations Questions

[tschmidt]

Hello,

Can a for profit S corp with a charitable arm accept donations and if so can the the donation company use it as a write off as they would do with a non profit.

Thank you,

Tim

 

[kirby]

Define "with a charitable arm".

 

[tschmidt]

Define "with a charitable arm".

We donate a portion of all proceeds to a different charity each month plus we donate merchendise as well.

Thank you