The video basic states that difference IS how you file it and the benefits. You can run the business the exact same but if you dont go through the paperwork its only a not for profit.
What if a person is the sole provider for a non-profit or not-for-profit? A persion who itemizes allot and gives funds, donations, and time to charities, churches, non-profit organizations, and not-for-profit organizations.
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
According to Google (idk why you couldn't take five seconds to Google this yourself) federal law limits you to writing off up to 60% of your AGI, though it can be as low as 20%. This only makes sense if you're donating over the standardized deduction rate though which is ROUGHLY around the 12000 dollar mark (not an exact number) and then you need to itemize your entire tax deductions, which doesn't make sense for the majority of people, and if you're asking this on a youtube video instead of talking to your accountant or researching it yourself, I'm guessing you're not one of those people where it makes sense to do so.
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/carlss
Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: andersonadvisors.com/real-estate-asset-protection-workshop-training/
Join us for our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: andersonadvisors.com/real-estate-asset-protection-workshop-training/
The video basic states that difference IS how you file it and the benefits. You can run the business the exact same but if you dont go through the paperwork its only a not for profit.
What if a person is the sole provider for a non-profit or not-for-profit? A persion who itemizes allot and gives funds, donations, and time to charities, churches, non-profit organizations, and not-for-profit organizations.
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. aba.link/carlss
According to Google (idk why you couldn't take five seconds to Google this yourself) federal law limits you to writing off up to 60% of your AGI, though it can be as low as 20%. This only makes sense if you're donating over the standardized deduction rate though which is ROUGHLY around the 12000 dollar mark (not an exact number) and then you need to itemize your entire tax deductions, which doesn't make sense for the majority of people, and if you're asking this on a youtube video instead of talking to your accountant or researching it yourself, I'm guessing you're not one of those people where it makes sense to do so.
Can a sole proprietor be a not for profit
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/carlss
Can a non-profit owned by an individual be hire by another company that he owns ?
Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: andersonadvisors.com/real-estate-asset-protection-workshop-training/
Thank you 100%❣️
You’re welcome!
No, you didn’t make this clear at all. Sorry I’m even more confused.
Join us for our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: andersonadvisors.com/real-estate-asset-protection-workshop-training/
That was the goal. It's called lead generation.
I didn’t learn 1 thing I didn’t know