 
Eat Me
join:2002-09-25
Sussex, NJ | Lame (If I were a customer) what if I don't want to donate to united way and want to donate to another charity instead? | |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
 ·Comcast
| Re: Lame said by Eat Me  :(If I were a customer) what if I don't want to donate to united way and want to donate to another charity instead? Yes. I choose what charities I want to give to. If my service is out, I want the credit and not the company that caused my outage.
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My BLOG .. .. Internet News .. .. My Web Page | |
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rawgerz
In Debt we trust
Premium
join:2004-10-03
Grove City, PA
 ·Verizon Online DSL
·Sprint Mobile Broa..
| Re: Lame I find it laughable at all the corps out there that give to charities. Instead of passing the savings onto the customers, they get a write off (AND good PR), instead of the people themselves deciding if or what charity they want to donate to. It almost seems like a creepy, but legal way of laundering money.
Certainly one marketing ploy I will never fall for.
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You can't make all the people happy all of the time. But it should be common sense to shoot for the majority. | |
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JSRoman
Premium
join:2005-03-10
Callahan, FL
|  What a load of crap!
your our choosing in your name our name and get the tax writeoff. That is just low ball.
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»www.seabee.navy.mil | |
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hayabusa3303
Over 200 mph
Premium
join:2005-06-29
clubs: | big deal its a tax right-off NEXT? | |
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| JSRoman
Premium
join:2005-03-10
Callahan, FL
1 edit | Re: big deal It is a tax right off for company not the customer. Besides the letter telling them what happened,they are not providing credit of any sort to customer for outage. | |
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Bit
Premium
join:2009-02-19
00000 | It's not philanthropy... ...when it's other people's money you're giving away jerks! | |
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footballdude
Premium
join:2002-08-13
Imperial, MO
| Re: It's not philanthropy... said by Bit :...when it's other people's money you're giving away jerks! If only we could convince our government of that.
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It's a trick. Get an axe. - Ash | |
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Bit
Premium
join:2009-02-19
00000 | Re: It's not philanthropy... True that! | |
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K Patterson
Premium,MVM
join:2006-03-12
Columbus, OH | No, no tax write off If a business refunds x dollars to its customer, the effect on their taxes is exactly the same as if they gave the money to charity. | |
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| jester121
Premium
join:2003-08-09
Lake Zurich, IL
 ·surpasshosting
 ·ViaTalk
| Re: No, no tax write off You're right, but no one here understands how businesses operate anyhow.
(To say nothing of the fact that businesses pay taxes on their profits, which are generally non-existent for bankrupt companies.)  | |
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Captain456
@gci.com
| Re: No, no tax write off You are correct. There is no "tax write-off" for donating to charity in this case. Just another case of morons feeding off of other morons ignorance.
Whether the business gives the money to charity or credits the customer, it makes no difference for tax purposes. This is accounting 101. | |
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| | | JSRoman
Premium
join:2005-03-10
Callahan, FL | Re: No, no tax write off Are you saying that this company is not going to take a deduction on their tax return for giving to the United Way?
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»www.seabee.navy.mil | |
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Steve
I'm a PC, so shut up
Consultant
join:2001-03-10
Yorba Linda, CA
| Re: No, no tax write off said by JSRoman :Are you saying that this company is not going to take a deduction on their tax return for giving to the United Way? Yes, but it's a wash: it has the same effect on their bottom line - a reduction of income - as if they had sent that money to their customers as a credit.
They will enjoy far lower administrative costs (one check for $10k vs lots of little credits through their billing system), but I think that the main beneficiary here is the good PR vibe they get in many quarters.
Steve
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Stephen J. Friedl | Unix Wizard | Microsoft Security MVP | Orange County, California USA | my web site | |
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| | | | | JSRoman
Premium
join:2005-03-10
Callahan, FL | Re: No, no tax write off Good PR? They are screwing the customer of a credit on their account for an outage. Not sure how that is good PR. Good PR would have been giving the customer the option to either a credit on their account or a donation to a charity on their behalf. | |
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Steve
I'm a PC, so shut up
Consultant
join:2001-03-10
Yorba Linda, CA
| Re: No, no tax write off said by JSRoman :Good PR? *In some quarters* - they're making a donation to charity, and those who don't really care to dig into the details might think favorably of them.
DSL Reports readers are not even remotely typical users. | |
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| joebear29
join:2003-07-20
Alabaster, AL
| I would actually disagree the effect is exactly the same - since contributions are limited for a C Corporation to 10% of taxable income (subject to limited carryforward) a reduction of income is ALWAYS preferable, from a tax perspective.
I really don't understand the article summary mentioning the tax write-off. As you said, a better tax situation is available if they refund the money. | |
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funchords
Hello
Premium,MVM
join:2001-03-11
Washington, DC
·Verizon Online DSL
·Skype
| 57¢ a Subscriber With 17000 subscribers in King County, this $10000 donation to King County's United Way comes to 57¢ per affected subscriber.
Anyone have any details on what the outage was?
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Robb Topolski -= funchords.com =- World Traveller -- KJ7RL
... Do something! ... | |
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| soccerguy
join:2004-06-28
Seattle, WA
| Re: 57¢ a Subscriber I'm having several outage problems with Broadstripe. The outage at issue I think resulted from no cable at all for a couple of hours one evening. However, I've also had sporadic channels go offline with them (SciFi was out for a day and half last week - replaced by infomercials all day - ugh).
They suck. About 20% of my channels also get piss poor reception (through coax) and Broadstripe doesn't care except that we pay them. | |
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Brownstripe Cust
@microsoft.com
| Re: 57¢ a Subscriber Well this is easy. My broadband service from Brownstripe was down every day for the last two weeks of March, 09 and has only been up 4 days in April. I have had many outages prior to mid March back to late Dec. 08. Been on the phone with these losers 30 + times, sent in about 20 emails, they are doing nothing to fix this problem. So over the last 6 weeks they have billed me @ $97 and my outages have only cost them about $.98. They pay their help desk regardless. | |
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vpoko
Premium
join:2003-07-03
Jamaica Plain, MA | How about How about instead of paying my bill every month, I send that amount to charity. | |
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El Quintron
Could you spare a consulting gig?
join:2008-04-28
Etobicoke, ON
·TekSavvy Solutions..
·Acanac
| Bad idea So instead of giving me my money back for an outage, you're going to give money to a charity I may not necessarily agree with?
Charities are political entities whether they like or not. I think Broadstripe should drop the well meaning but politically dicey ploy and just fork out the outage cash.
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Working to bring you closer to a Bell and Rogers free household. | |
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Captina456
@gci.com
| Re: Who verifies the donation? said by v35_pilot :I am sure that an independent, third party accounting firm will verify all credits that should have been returned to customers were in fact donated to said charities? Or is this going to be some type of slush fund where creative accounting hides all money in the company's account? This is not the job of an accounting firm. So no hey likely won't verify it, because again that is not their job or what they do. | |
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v35_pilot
Whoops, there goes another AMU
Premium
join:2005-12-12
Fayetteville, NY
·ViaTalk
 ·Verizon FIOS
·Sprint Mobile Broa..
| Re: Who verifies the donation? said by Captina456 :
This is not the job of an accounting firm. So no hey likely won't verify it, because again that is not their job or what they do.
Are you implying that an outside accounting firm doesn't perform routine audits of this company's financial statements, which would typically include the validity of charitable contributions? | |
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Captain456
@gci.com
| Re: Who verifies the donation? said by v35_pilot :said by Captina456 :
This is not the job of an accounting firm. So no hey likely won't verify it, because again that is not their job or what they do.
Are you implying that an outside accounting firm doesn't perform routine audits of this company's financial statements, which would typically include the validity of charitable contributions? Umm, yes I am. An accounting firms job in an audit is to verify there are no material misstatements and GAAP has been applied correctly.
In other words the auditing of financial statements is simply to make sure the companies accountants did their job correctly and there are no material mistatements.
They are not looking for fraud and if a company wanted to lie about a charitable contribution it would be effortless for them to get it past the auditors. | |
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SLD
Premium
join:2002-04-17 | Bankrupt We're bankrupt, so we're giving $10,000 to charity? Am I missing something here? | |
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Brownstripe Cust
@microsoft.com | Re: I'm okay with it. Well it's not your money either. I'm fine with someone ripping you off also. | |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | horrible company so they get the benefit of tax write off for credits? what a horrible company. | |
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d_l
Barsoom
Premium,MVM
join:2002-12-08
Reno, NV | I think I saw this on Seinfeld Isn't this something like George Costanza would do? | |
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syslock
Premium
join:2007-02-03
Ann Arbor, MI
clubs: | Bag of Popcorn Call Comcast about outage credit
and they want to give you a bag of microwave popcorn instead of money off your bill here in the Michigan region.
Its saving them money and insulting to their existing customers. C O M C A S T... | |
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Broadstripe's Giving Your Outage Credit To Charity
