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A comment on How the Rich Reap Huge Tax Breaks From Private Nonprofits. Parent comment

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.
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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.

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