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Reply to "That time of year again... "would you like to add a $1 for xyz?""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I just found out about this being a scam! Is this common knowledge?[/quote] Why would you call it a scam? It’s annoying, bug there’s nothing fraudulent or otherwise untoward going on.[/quote] it is a scam b/c when say- kroger files their taxes, they take all of the money their customers gave to charity and claim that as charitable giving that they paid out of their profits. fake number: they made $100 profit, raised $10 in charitable giving, claim on their taxes that they made $90 profit. This is legal but it is also a scam. [/quote] No they don’t. More made up bullsh*t by so-called experts on DCUM. A prior poster already explained the accounting treatment for these transactions. Stop spreading misinformation.[/quote]
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