if you are paying charitable contributions solely to reclaim income taxes your accountant, even a stupid one, is going to beat you upside the head with a newspaper and squirt you with a spray bottle shouting NO! BAD CLIENT! BAD! until you stop. A billionaire is recovering 40%ish of that. maybe 35%ish i haven’t prepared any taxes but my own in a hot minute. one of us normies, even less. us normies usually don’t even itemize anymore.
if you are paying charitable contributions solely to reclaim income taxes your accountant, even a stupid one, is going to beat you upside the head with a newspaper and squirt you with a spray bottle shouting NO! BAD CLIENT! BAD! until you stop. A billionaire is recovering 40%ish of that. maybe 35%ish i haven’t prepared any taxes but my own in a hot minute. one of us normies, even less. us normies usually don’t even itemize anymore.