POV-Ray : Newsgroups : povray.off-topic : Suggestion to collect funds for The POV-Team : Re: Suggestion to collect funds for The POV-Team Server Time
6 Sep 2024 07:14:45 EDT (-0400)
  Re: Suggestion to collect funds for The POV-Team  
From: Darren New
Date: 3 Apr 2009 19:05:05
Message: <49d69621$1@news.povray.org>
Jim Henderson wrote:
> See, it was my understanding that a sole proprietorship had to file the 
> same type of paperwork on its finances to the IRS, including salary stuff 
> and so on.

A sole proprietorship doesn't have salaries. It's just one person.

> See, that's not what my understanding was.  My understanding was (is) 
> that the state certifies the organization as tax-exempt and passes the 
> information along to the IRS.

That's possible. http://en.wikipedia.org/wiki/501(c)#Obtaining_status
Depends on what kinds of things you're doing.

-- 
   Darren New, San Diego CA, USA (PST)
   There's no CD like OCD, there's no CD I knoooow!


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