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by JumpCrisscross 1332 days ago
> don’t earn interest off them either

Why not? You could use it to lower the cost of your services. (Someone is obviously earning interest on it. Better you than your bank.)

1 comments

Probably trying to avoid a conflict of interest. The magnanimous thing to do would earn interest and track it and refund that interest minus taxes to the final fund recipients- either the business or the customer. Might even be tax free if setup right.

Even the IRS does it.