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Any CPA's here?
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Any CPA's here?


Nov 7, 2016, 7:51 PM

As a small business individual, I have hopefully an easy question. Can I create a charitable foundation and have my company donate a large percentage of our income to it?

Can we deduct that 100% or at least 80% like Iptay?

Now, can I only give 5.7% to charity? And how do I get the money out?

http://thefederalist.com/2016/09/16/clinton-foundation-spent-6-percent-charitable-grants-2014/

flag link military_tech thumb_downthumb_up

better questions


Nov 7, 2016, 8:10 PM

how long can you operate without filing the required paperwork?

can you use it to pay personal legal settlements?

can you get away with making illegal political donations?

or buy personal gifts?

{the folks at the Trump Foundation could answer those questions... they could, but they probably won't}

but anyway, you and that article are way off the mark

http://www.politifact.com/truth-o-meter/statements/2016/aug/25/reince-priebus/reince-priebus-false-claim-80-clinton-foundation-c/

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Re: better questions


Nov 7, 2016, 8:17 PM

Lol. Okay. If I get my friends to open businesses in certain fields can I spend the money on R&D? Personally I like technology. Takes a lot of hours of "research".

http://youtu.be/7LYRUOd_QoM

flag link military_tech thumb_downthumb_up

are you a Breitbarter?


Nov 8, 2016, 8:36 AM

the guy who wrote the book and directed the film admitted he has no real evidence...zero... to back up his claims

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Don't answer this CPAs


Nov 7, 2016, 10:11 PM

He will demand you do the work, then refuse to pay you the accepted rate. Don't fall for the trap again.

2024 white level memberbadge-donor-05yr.jpg flag link military_tech thumb_downthumb_up

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