Paying tithing from C-Corporation funds?
Posted: Mon Jul 23, 2018 8:15 pm
I just started a C-Corp and understand that legally, a C-Corp can make charitable contributions.
Would I just hook up my business checking account to pay that for my tithing?
That way it comes out before taxes as a business expense benefit.
I hope someone has done this before.
Or, maybe tithing is not considered a charitable contribution that a corporation can make?
I think the contribution from a corporation has be be sent in in their name, so how does that work?
Would I need an LDS account for my corporation?
Would I just hook up my business checking account to pay that for my tithing?
That way it comes out before taxes as a business expense benefit.
I hope someone has done this before.
Or, maybe tithing is not considered a charitable contribution that a corporation can make?
I think the contribution from a corporation has be be sent in in their name, so how does that work?
Would I need an LDS account for my corporation?