Admin

Login/Account Details

Other Users
Legalnut.com Home arrow Legal Forums
Legal Forums
Welcome, Guest
Please Login or Register.    Lost Password?
Re:Setting up a non-profit (1 viewing) (1) Guest
Go to bottom Post Reply Favoured: 0
TOPIC: Re:Setting up a non-profit
#1431
Tomas (User)
Senior Boarder
Posts: 65
graphgraph
User Offline
Setting up a non-profit 3 Months, 1 Week ago Karma: 3  
Anyone familiar with setting up a non-profit? I get requests to set them up and people want to know if they set up the non-profit if they can be put on salary? What type of reporting requirements are there and what type of scrutiny is associated with filing a non-profit.
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
#1432
Brian (User)
Senior Boarder
Posts: 59
graphgraph
User Offline
Re:Setting up a non-profit 3 Months, 1 Week ago Karma: 1  
There has to be a legitimate non-profit purpose in order to get IRS approval from the entity.

Creating a charitable entity just to put yourself on payroll is not a legtimate purpose. What is your client's intended purpose? What activities will it be conducting?
 
Report to moderator   Logged Logged  
  The administrator has disabled public write access.
Go to top Post Reply
Powered by FireBoardget the latest posts directly to your desktop
Copyright © 2006 - 2008 Rochester Ideas, LLC. All rights reserved. Our site is valid CSS Our site is valid XHTML 1.0 Transitional