The cost of the donation always exceeds the tax benefit.
People do things like setup foundations and then appoint people to work for them, but that still doesn't allow the money to be kept without paying taxes on it (the foundation has to engage in bona fide charitable activities to maintain tax status).
The cost of the donation always exceeds the tax benefit.
People do things like setup foundations and then appoint people to work for them, but that still doesn't allow the money to be kept without paying taxes on it (the foundation has to engage in bona fide charitable activities to maintain tax status).