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Toadster
h20toad.bsky.social
did:plc:st2tc2j7vjoigzhocjryrfor
It falls under the 1% charitable deduction floor, of the BBBA, which will go into effect in 2026. It is written to include in-kind donations like food. If the food cost is less than 1% of the company’s taxable income they can’t get the deduction. If they toss it they can claim it as a loss.
2025-10-28T18:21:46.256Z