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xper

Administrator
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xper last won the day on September 4

xper had the most liked content!

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About xper

  • Rank
    Insane Clown
  • Birthday 10/16/1961

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  • Website URL
    http://www.msfn.org

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  • OS
    Windows 10 x64
  • Country

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  11. xper - if MSFN really depends on donations, then you should think about organizing MSFN as a not-for-profit educational organization so that donations are tax deductible to the donors.  Such an organization can still pay salaries, if that's important to you and other staffers.

    In the US, you would need to qualify under US Internal Revenue Code Section 501(c)(3) or similar, and specifically so that donations from the public are tax deductible.  And, yes, there would then be annual filing and reporting requirements.  Bu there are MANY small educational organizations in the US who have organized like that.

    I don't know what you have to do in other countries.

    In the US, there are numerous accountants and tax lawyers who can help you do this and then explain what your reporting requirements are.  Or ask some other donation-based forum owners how they did it.

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    Hi kdg, Thank you for your donation of $10.00. We look forward to improving the forums and stay online with your donation. Thanks MSFN
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