“The point is this: whoever sows sparingly will also reap sparingly, and whoever sows bountifully will also reap bountifully. Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver.”
— 2 Corinthians 9:6-7
Giving feels good. There is something within each of us that is brightened when we give to those who need. From a business standpoint, giving is beneficial not only to the recipient, but to the giver as well. With all of this in mind, why would we ever hold back from making business charitable donations?
Heritage Investors wholeheartedly believes in giving back. We do so in our families, in our churches, and in our business. We believe in giving because it is a good and noble thing to do, but we also believe that every business owner should take advantage of its practical applications, as well. There are several tax benefits to business charitable donations that can help your company’s bottom line.
If you’re interested in learning more about the potential tax strategies that can be found through charitable giving, or if you’ve already made business charitable donations and need to speak to one of our advisors, schedule a meeting today!