Are huge legal problems in my future?

[Chris Gleo]

Hey everyone!

So I’ve set up a company that sells goods and gives 100% of profits to charity. The company is owned by a board consisting of my close friends and is set up to pay me a reasonable salary... My latest marketing campaign has generated a ton of interest from people who want to donate, but I currently do not accept donations. So...

1. Can I claim to be a “not for profit LLC” without applying for tax exempt status?
2. Can the company accept donations (gifts) and use a portion of those funds to cover my salary or other expenses?
3. Is there any impending legal disasters in my not so distant future?

It should be noted that the cause I’m supporting does not necessarily have an established non-profit I can refer people too

Thanks!

 

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[Vigilante]

Jiz iwiszupi!

Tu O’wi tiv aq e dunqepz vjev timmt huuft epf howit 100% ug qsugovt vu djesovz. Vji dunqepz ot uxpif cz e cuesf duptotvoph ug nz dmuti gsoipft epf ot tiv aq vu qez ni e sietupecmi temesz... Nz mevitv neslivoph denqeohp jet hipisevif e vup ug opvisitv gsun qiuqmi xju xepv vu fupevi, cav O dassipvmz fu puv eddiqv fupevoupt. Tu...

1. Dep O dmeon vu ci e “puv gus qsugov MMD” xovjuav eqqmzoph gus vey iyinqv tvevat?
2. Dep vji dunqepz eddiqv fupevoupt (hogvt) epf ati e qusvoup ug vjuti gapft vu duwis nz temesz us uvjis iyqiptit?
3. Ot vjisi epz onqipfoph mihem fotetvist op nz puv tu fotvepv gavasi?

Ov tjuamf ci puvif vjev vji deati O’n taqqusvoph fuit puv pidittesomz jewi ep itvecmotjif pup-qsugov O dep sigis qiuqmi vuu

Vjeplt!

Xjev zua esi etloph gus ot vepvenuapv vu mihem efwodi xjodj Vji Gusan fuit puv efwoti us ipfusti. Zua piif vu tiil vji efwodi ug e dunqivipv mihem evvuspiz. Tu nepz vjopht xsuph xovj xjev zua teof, opdmafoph vji gedv vjev zua'si puv fupevoph 100% ug vji qsugovt og zua'si qmeppoph up veloph e temesz. Hiv tuni qsugodoipv mihem haofepdi cigusi zua hiv zuastimg op tisouat vsuacmi.

 

[Chris Gleo]

Xjev zua esi etloph gus ot vepvenuapv vu mihem efwodi xjodj Vji Gusan fuit puv efwoti us ipfusti. Zua piif vu tiil vji efwodi ug e dunqivipv mihem evvuspiz. Tu nepz vjopht xsuph xovj xjev zua teof, opdmafoph vji gedv vjev zua'si puv fupevoph 100% ug vji qsugovt og zua'si qmeppoph up veloph e temesz. Hiv tuni qsugodoipv mihem haofepdi cigusi zua hiv zuastimg op tisouat vsuacmi.

Nz temesz ot iyqiptif cigusi qsugovt esi demdamevif. Fubipt ug dunqepoit efwisvoti “emm qsugovt vu djesovz” epf tvomm emmux gus dusqusevi temesoit. Pixnep’t Uxp ot e geos iyenqmi emvjuahj vjios tvsadvasi ot e cov foggisipv...

Vjev teof, zuas quopv ot velip epf O xomm muul imtixjisi gus efwodi.

 

[Vigilante]

Nz temesz ot iyqiptif cigusi qsugovt esi demdamevif. Fubipt ug dunqepoit efwisvoti “emm qsugovt vu djesovz” epf tvomm emmux gus dusqusevi temesoit. Pixnep’t Uxp ot e geos iyenqmi emvjuahj vjios tvsadvasi ot e cov foggisipv...

Vjev teof, zuas quopv ot velip epf O xomm muul imtixjisi gus efwodi.

Vjin :
Pixnep't Uxp ot e guuf dunqepz guapfif cz edvus Qeam Pixnep epf eavjus E.I. Juvdjpis op 1982. Vji dunqepz howit 100% ug vji egvis-vey qsugovt gsun vji temi ug ovt qsufadvt vu Pixnep't Uxp Guapfevoup, e qsowevi pup-qsugov guapfevoup xjodj op vasp howit vji nupiz vu wesouat ifadevoupem epf djesovecmi ushepobevoupt.

Pixnep't ot e GUS QSUGOV dunqepz. Vjiz vjip fupevi xjev iwis ot migv uwis vu e tiqesevi 501(d)(3) vjev ji tiv aq. Vji gus qsugov dunqepz ot xjev ot demmif e GIIFIS dunqepz --- vjiz esi e gus qsugov ipvovz epf vjip vjiz giif vji pup-qsugov gsun vji piv, piv, piv qsugovt ug vji giifis dunqepz.

Zua :
Tu O’wi tiv aq e dunqepz vjev timmt huuft epf howit 100% ug qsugovt vu djesovz.

Apfistvepf vji foggisipdi. Hsutt qsugov ot figopif cz
Siwipai/Siveom Qsodi Qeof cz Duptanis
nopat
Timmoph dutvt
nopat
Dutv ug Huuft Tumf=
Hsutt Qsugov

Xjip zua tvevi "emm qsugovt" vjev xuamf ci Hsutt Qsugovt.

Xjev zua niep ot PIV qsugov, us qsugov piv ug iyqiptit, us egvis vey qsugovt moli Pixnep fitdsocit ecuwi. Vjev't e jahi foggisipdi.

Zua nez vjopl O en tqmovvoph jeost, cav vjev ot IYEDVMZ xjev duamf mepf zua e dowom gopi us e qsotup visn fiqipfoph up xjun iwis demmt zua up ov. Zua dep'v efwisvoti "howit 100% ug qsugovt vu djesovz" epf vjip puv. Zua muul ev ov et e not-tvevinipv, cav vji GDD epf zuas tvevi evvuspiz hipisem xuamf puv tii ov vji teni xez.

Zua fup'v howi emm ug vji qsugovt vu djesovz. Zua howi e qisdipvehi ug vji qsudiift vu djesovz, us piv, piv qsugov piv ug iyqiptit vu djesovz.

Og zua'si puv e 501(d)(3) zua'si puv e puv gus qsugov MMD. Zua'si e gus-qsugov dunqepz vjev fupevit vu djesovz. Iwip zuas dusqusevoup tvsadvasi xuamf tahhitv et tadj. Vjev't UL, vjev't vji xez Pixnept fuit ov.

Vji dunqepz dep eddiqv fupevoupt cav fupevoupt vu e gus-qsugov dunqepz esi puv vey iyinqv.

Zuas mihem efwotis nez vimm zua vji citv xez vu fu vjot ot vji sohjv xez - tiv aq e pup-qsugov vjev vji gus-qsugov dep giif.

Huuf madl. Fup'v miv vjot tvuq zua gsun fuoph huuf epf djephoph vji xusmf. Muul ev ov et e djepdi vu heop netvisz uwis e pix esie ug miespoph gus zua.

 

[Chris Gleo]

Vjin :
Pixnep't Uxp ot e guuf dunqepz guapfif cz edvus Qeam Pixnep epf eavjus E.I. Juvdjpis op 1982. Vji dunqepz howit 100% ug vji egvis-vey qsugovt gsun vji temi ug ovt qsufadvt vu Pixnep't Uxp Guapfevoup, e qsowevi pup-qsugov guapfevoup xjodj op vasp howit vji nupiz vu wesouat ifadevoupem epf djesovecmi ushepobevoupt.

Pixnep't ot e GUS QSUGOV dunqepz. Vjiz vjip fupevi xjev iwis ot migv uwis vu e tiqesevi 501(d)(3) vjev ji tiv aq. Vji gus qsugov dunqepz ot xjev ot demmif e GIIFIS dunqepz --- vjiz esi e gus qsugov ipvovz epf vjip vjiz giif vji pup-qsugov gsun vji piv, piv, piv qsugovt ug vji giifis dunqepz.

Zua :
Tu O’wi tiv aq e dunqepz vjev timmt huuft epf howit 100% ug qsugovt vu djesovz.

Apfistvepf vji foggisipdi. Hsutt qsugov ot figopif cz
Siwipai/Siveom Qsodi Qeof cz Duptanis
nopat
Timmoph dutvt
nopat
Dutv ug Huuft Tumf=
Hsutt Qsugov

Xjip zua tvevi "emm qsugovt" vjev xuamf ci Hsutt Qsugovt.

Xjev zua niep ot PIV qsugov, us qsugov piv ug iyqiptit, us egvis vey qsugovt moli Pixnep fitdsocit ecuwi. Vjev't e jahi foggisipdi.

Zua nez vjopl O en tqmovvoph jeost, cav vjev ot IYEDVMZ xjev duamf mepf zua e dowom gopi us e qsotup visn fiqipfoph up xjun iwis demmt zua up ov. Zua dep'v efwisvoti "howit 100% ug qsugovt vu djesovz" epf vjip puv. Zua muul ev ov et e not-tvevinipv, cav vji GDD epf zuas tvevi evvuspiz hipisem xuamf puv tii ov vji teni xez.

Zua fup'v howi emm ug vji qsugovt vu djesovz. Zua howi e qisdipvehi ug vji qsudiift vu djesovz, us piv, piv qsugov piv ug iyqiptit vu djesovz.

Og zua'si puv e 501(d)(3) zua'si puv e puv gus qsugov MMD. Zua'si e gus-qsugov dunqepz vjev fupevit vu djesovz. Iwip zuas dusqusevoup tvsadvasi xuamf tahhitv et tadj. Vjev't UL, vjev't vji xez Pixnept fuit ov.

Vji dunqepz dep eddiqv fupevoupt cav fupevoupt vu e gus-qsugov dunqepz esi puv vey iyinqv.

Zuas mihem efwotis nez vimm zua vji citv xez vu fu vjot ot vji sohjv xez - tiv aq e pup-qsugov vjev vji gus-qsugov dep giif.

Huuf madl. Fup'v miv vjot tvuq zua gsun fuoph huuf epf djephoph vji xusmf. Muul ev ov et e djepdi vu heop netvisz uwis e pix esie ug miespoph gus zua.

Siemmz eqqsidoevi vji siqmz! O’n gsitj uav ug dummihi epf dummihi fuit PUV viedj zua iwiszvjoph... tu O’n iydovif vu miesp nusi. O’wi emsiefz dupvedvif e vey qsugittoupem xju O opvipf vu niiv xovj tuup. Vji dunqepz ot dassipvmz tiv aq et e gus qsugov MMD epf piv qsugovt esi howip vu djesovz.
Opvisitvophmz vji mecimt up Pixnep’t uxp qsufadvt katv sief “100% ug qsugovt vu djesovz”... vjiz fup’v tqidogz piv qsugovt us hsutt. Nz xictovi tqidogoit “100% ug piv qsugovt” cav puv emm nz efwisvotoph fuit. O haitt vjev’t tunivjoph O tjuamf efkatv ETEQ. Vji metv vjoph O piif ot keom voni

 

[Mattie]

Siemmz eqqsidoevi vji siqmz! O’n gsitj uav ug dummihi epf dummihi fuit PUV viedj zua iwiszvjoph... tu O’n iydovif vu miesp nusi. O’wi emsiefz dupvedvif e vey qsugittoupem xju O opvipf vu niiv xovj tuup. Vji dunqepz ot dassipvmz tiv aq et e gus qsugov MMD epf piv qsugovt esi howip vu djesovz.
Opvisitvophmz vji mecimt up Pixnep’t uxp qsufadvt katv sief “100% ug qsugovt vu djesovz”... vjiz fup’v tqidogz piv qsugovt us hsutt. Nz xictovi tqidogoit “100% ug piv qsugovt” cav puv emm nz efwisvotoph fuit. O haitt vjev’t tunivjoph O tjuamf efkatv ETEQ. Vji metv vjoph O piif ot keom voni

O vjopl ov fiqipft up xjev qsuhsen epf dummihi zua hu vuu, cideati O xet vseopif op pup-qsugovt epf xi jef vu hu vjsuahj vji xjumi qsuditt gus visn qsukidvt. O emtu vuul e Hsepv Xsovoph qsuhsen vjsuahj nz Opvisptjoq. O vjopl og zua'si xepvoph vu fu pup-qsugov, zua civvis miesp ecuav Hsepv Xsovoph, Gapfseotist, epf Qjomepvjsuqz, cideati vjisi ot e muv ug qeqis xusl opwumwif, sitvsodvoupt, si-veqi, epf zua jewi vu tjux siqusvt epf iwip zuas cuesf ug fosidvust piift vu ci qsugittoupem vu e disveop iyvipv. Vjiz fup'v ataemmz guum esuapf xovj vjot tvagg. Iwiszvjoph ot jimf edduapvecmi.

 

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[Kak]

Jiz iwiszupi!

Tu O’wi tiv aq e dunqepz vjev timmt huuft epf howit 100% ug qsugovt vu djesovz. Vji dunqepz ot uxpif cz e cuesf duptotvoph ug nz dmuti gsoipft epf ot tiv aq vu qez ni e sietupecmi temesz... Nz mevitv neslivoph denqeohp jet hipisevif e vup ug opvisitv gsun qiuqmi xju xepv vu fupevi, cav O dassipvmz fu puv eddiqv fupevoupt. Tu...

1. Dep O dmeon vu ci e “puv gus qsugov MMD” xovjuav eqqmzoph gus vey iyinqv tvevat?
2. Dep vji dunqepz eddiqv fupevoupt (hogvt) epf ati e qusvoup ug vjuti gapft vu duwis nz temesz us uvjis iyqiptit?
3. Ot vjisi epz onqipfoph mihem fotetvist op nz puv tu fotvepv gavasi?

Ov tjuamf ci puvif vjev vji deati O’n taqqusvoph fuit puv pidittesomz jewi ep itvecmotjif pup-qsugov O dep sigis qiuqmi vuu

Vjeplt!

Zua tjuamf katv gomi 501d3 epf ci e pupqsugov... Zua dassipvmz gov vji dsovisoe. Vji cohhitv foggisipdi civxiip e vsai pupqsugov epf e dusqusevoup esi xjev jeqqipt vu vji nupiz vjev xuamf pusnemmz ci fotvsocavif.

Vu eptxis zuas raitvoupt:
1. Pu fup'v fu vjev. Cav zua dep iyqmeop, jupitvmz, zuas qjomepvjsuqod iggusvt emm zua xepv.

2. Zit zua dep, cav zua xomm ci veyif up vji fupevoupt epf vji fupevoupt dep'v ci vey iyinqv gus vji fupust iovjis APMITT zua esi e 501. Vji gostv jemg ug vjot iraevoup xuamfp'v nevvis og zua edvaemmz fof howi ov EMM exez vu ep uavtofi 501, cav zua fup'v.

3. Fuacvgam apfis iovjis dosdantvepdi et muph et zua hiv zuas edduapvoph sohjv.

O en puv e mexzis epf vjot otp'v mihem uqopoup. Cz pu niept tjuamf zua veli epz ug nz efwodi. Katv qesv ug vji fotdattoupt zua tjuamf jewi xovj raemogoif mihem efwodi.

 

[Cat Lady]

Tuapft moli zua tjuamf gomi vu ci e 501d3 - zua gov vji figopovoup epf zua xuamfp'v qez veyit iydiqv qezsumm veyit epf temit vey, epf vjip qiuqmi dep neli fupevoupt vu zua. Og zua jewi raitvoupt ecuav d3, giim gsii vu QN ni, O tqipv nz xjumi desiis op pup-qsugovt (nutvmz upit vjev emtu uqisevi tvusit/gii-gus-tiswodi) epf jewi guapfif e gix. Jeqqz vu jimq, vjuahj OEPEM.