3 ms·
the thing that sucks about 501(c)3 is that there are no deductible expenses any more So they can be used in conjunction with other entities to really amplify t
by rolltiide 7y ago
the thing that sucks about 501(c)3 is that there are no deductible expenses any more
So they can be used in conjunction with other entities to really amplify the tax benefits
If you think of them like 401k on steroids It can help, as deductible contributions are unlimited up to 50% income and anything above that rolls over into the next year, and you can do a bunch with asset prices and velocity.
Different parts of the tax code pull deductions before or after AGI, so you can game this forever all while the masses can only express their discontent by targeting “income tax rates” and the edgiest of them all says “marginal income tax rates”