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Its even simpler than that. A donation is a gift and a gift is not
taxable to the receiver. Gift tax must be paid by the giver if the gift
is in excess of 11,000 per year.
The advantage to tax-exempt status is that the gift is deductable by the
giver, but Not in the case where the originization is devoteed to
influencing elections or legislation. The exception to this is if the
organization is purely educational. Someone could educate the public
about why GSE is evil, and still comply.
Disclaimer : I'm not a lawyer, but I play one on the internet.
Bob Treumann, Como
>
>> 3) Even if I wanted to accept cash donaitions I
>> can't. I don't have
>> a non profit set up for it.
>
> why would you need to have a non-profit set up to
> accept donations? you could claim them as income.
>
>
>> http://tnss.com/noise_stink
>
> is it just me or does this link not work?
>
> John Harris
> webber-camden, mpls
>
--
Bob Treumann, Saint Paul
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