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...
Are huge legal problems in my future?
from Are huge legal problems in my future?
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