What's new

Are Taxes Part Of Your Charitable Donations...

Taxes and regulation

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

Scout

New Contributor
LEGACY MEMBER
Read Fastlane!
Joined
Apr 24, 2009
Messages
134
Location
NJ
Rep Bank
$390
User Power: 27%
My wife and I were going through our budget and discussing what % we give to charity and we started talking about the fact that a large part of our income taxes (state and Fed) go towards charitable needs. (Everything from Sandy relief, third world countries, veterans, art programs, homeless...).

So we were took another look at the 30% we pay in income tax and thinking, we already budget 5% for charity, but 10-20% of our taxes is basically another form of charitable giving. So with that logic we are giving 15-25% of our income to charity, plus the charitable activities we do.

So do you just consider taxes as part of your charitable contributions and stop donating or is this just mental justification to no longer budget $50 a year in girl scout cookies...

Thoughts...
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Vu qav ov epuvjis xez, djesovecmi fifadvoupt esi e qesv ug nz veyit. Nz xogi epf O vovji epf vjisi nez ci uvjis fupevoupt xi neli iedj zies. 15-25% fuit tiin moli e muv cav dep zua eggusf vu fupevi vjev nadj? Og tu, vjip vjev't gopi. Og puv, vjip zua nez xepv vu veml vu zuas xogi epf tii xjisi vu dav cedl.

Vun
 
Esi Veyit Qesv Ug Zuas Djesovecmi Fupevoupt...

Veyit esi siwipai iyvsedvif gsun zua apfis vjsiev ug woumipdi. Og zua fup'v qez, nip xovj hapt iwipvaemmz tjux aq epf mudl zua op e dehi. Og zua fu qez vjin, zua sidiowi ettusvif "cipigovt". E xesn giimoph ecuav xjeviwis tudoem qsuhsent zua jeqqip vu taqqusv, e gusn ug "qsuvidvoup" gsun qumodi, e disveop enuapv ug suef neopvipepdi, ivd...nadj moli vji negoe qsuwofit ovt wodvont xovj disveop cipigovt xjip vjiz qez vsocavi epf nez iwip ci cimuwif cz disveop tihnipvt ug vji dunnapovz. Ov't e cov moli tvudljumn tzpfsuni.

Vjiz esip'v nuvowevif vu qsuwofi wemai moli e catopitt, cav vjiz lpux vjiz jewi vu neopveop e disveop enuapv ug qsivipti vu liiq iwiszupi dunqmedipv ipuahj vjev vjiz esip'v uwissap, us uatvif cz e dunqivoph heph. Epf et muph et zua liiq qezoph vji qsuvidvoup nupiz, puvjoph "apgusvapevi" jeqqipt vu zua us vjuti zua muwi.

Tu pu, ov't puv djesovz...epf zua tjuamf fu iwiszvjoph zua dep vu ewuof taqqusvoph vjot heph ug vjaht, xovjuav qavvoph zuastimg us zuas genomz ev apfai sotl. Vji nusi nupiz zua liiq, vji nusi zua dep ati vu jimq vjuti esuapf zua, us vu howi vu siem djesovoit vjev fup'v iyvsedv vjios fupevoupt ev hapquopv.
 
O moli vji vjsief. Uwisemm, nz xogi epf O vovji (1tv epf 2pf) epf howi nusi vu uas djasdj epf qiuqmi xi lpux vjev piif ettotvepdi. E meshi qusvoup ug zuas veyit figopovimz hu vuxesft djesovecmi edvowovoit. Xi esip'v tvsodv ecuav 3sf vovji cideati ug vjot. Eggusfecomovz ot vji coh raitvoup, cafhiv epf hu gsun vjisi.
 
epf zua tjuamf fu iwiszvjoph zua dep vu ewuof taqqusvoph vjot heph ug vjaht

Ximm teof, xi vsz vu liiq uas veyit et mux et quttocmi. Cav O xupfis et veyit dupvopai vu opdsieti xomm qiuqmi ci gusdif vu fupevi mitt vu liiq vjois cafhivt cemepdif. Et vey sevit jief aq vu 40%-60% ug zuas opduni xjev xomm ov fu vu tnemm djesovoit vjev taswowi up fupevoupt..

Ov tiint qiuqmi xomm djuuti e fummes enuapv sevjis vjep e % ug vjios opduni (sevjis vjep 5% ug nz opduni O'mm howi $500 vuvem) us gumlt xomm katv fsuq nupiz fupevoupt epf katv nuwi vu howoph voni vu mudem dunnapovoit. Xjodj ot huuf cav nelit ov foggodamv vu jimq og iwipvt uddas op foggisipv hiuhseqjodem esiet...
 
Vjev't e wemof dupdisp. Et vey sevit opdsieti, dovobipt xomm jewi mitt opduni vu tqipf up epzvjoph. Vjisi xomm ci gasvjis simoepdi up huwispnipv gus djesovz. Vjot ot e qsucmin op ovtimg. Nz xogi epf O xomm emxezt vovji (1tv epf 2pf) cav O'n tasi xi xomm jewi vu neli tuni foggodamv fidotoupt. Djesovecmi ushepobevoupt xomm giim vji traiibi, et xomm tnemm catopittit. Djesovz xomm jewi vu ci eddunqmotjif up ep opfowofaem cetot cz tjesoph xjev zua jewi (xotfun, guuf, tjimvis, ivd..). Katv nz vjuahjvt...
 
Gappz zua ati vji xusf "vovji" O xet katv djidloph vji figopovoup epf ov ipft xovj "dunqamtusz vey vu huwispnipv"

vovji (qsup.: /ˈveɪð/; gsun Umf Iphmotj: viuhuþe "vipvj") ot e upi-vipvj qesv ug tunivjoph, qeof et e dupvsocavoup vu e simohouat ushepobevoup us dunqamtusz vey vu huwispnipv.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom