QUESTION INFORMATION: An athlete is a member of a sports club that operates for charity. At the end of the season, they donate $100,000 raised…
QUESTION INFORMATION:
An athlete is a member of a sports club that operates for charity. At the end of the season, they donate $100,000 raised through the club to a 501(c)(3) company.
QUESTION: Is any of this amount deductible as a personal expense? What about a business expense?