Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits
by nobodyandproud on Sunday July 30, 2023 @11:23AM
(#36932131)
Isn’t that the task of tax attorneys? Different line of work, though same domain of concern.
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Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits
by JacobAldridge on Sunday July 30, 2023 @04:52PM
(#36935835)
Depending on the size of the company, you’d probably need a team; but there aren’t too many companies with a tax attorney on the staff so the accounting team would be doing the heavy lifting.
Re:How the Rich Reap Huge Tax Breaks From Private Nonprofits
by nobodyandproud on Sunday July 30, 2023 @06:16PM
(#36936567)
Large and multinational companies (your extreme example) don’t suffer from this problem; nor do medium sized ones.
Many of the smaller businesses rely on dodge—by-cash or function just fine.
In fact, the audit problems caused by tiny, front/fake LLCs and paper companies lead to a real, criminal-level audit trail problem.