This afternoon I drove into McDonald’s drive-through to buy a coffee - I don’t drink coffee; but my wife likes one occasionally and she says McDonald’s has the best. The young man at the window asked me if I would like to donate a dollar to McDonald’s charities. This got me thinking:
When McDonald’s collects money for their charities do they get a tax deduction when they donate or use that money for charity? Are they using our donations for a tax deduction?
I’m just curious.