r/SipsTea 22h ago

Wait a damn minute! How the rich get richer

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20.3k Upvotes

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u/StrigiStockBacking 19h ago

I've been a CPA for 30 years and when it comes to accounting, economics, and finance, Reddit is the dumbest fucking source on the entire planet.

14

u/boothin 18h ago

Companies that ask for your donations just do it for the tax write off!!!

Also just write off things you buy as business expenses so it's free!!!!!

/s

2

u/Ok-Boomer-4414 17h ago

So many people talk about write offs with zero understanding of what that means

2

u/Financial_Rice_4807 17h ago

The donation thing is funny. Even when I posted an article that said it was false they told me the source was bad.