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Old 11-22-2012, 11:27 PM   Topic Starter
pr_capone pr_capone is offline
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Is there an accountant/lawyer on the forum? - SOC
So... this thing has gotten WAY bigger than anticipated. A grand or two and I would have no problem reporting it and paying taxes. Donation +. I cannot bear 7k in taxes on money I never had.

I need an accountant or a lawyer. SOC needs to become a 501c3. I will be using SOC funds to pay whatever fees are necessary so cost is definitely a consideration.
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Old 11-22-2012, 11:32 PM   #2
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I know Amnorix is a rival fan, but I think he has some background in this area. But I think it's on a corporate level. I'm sure some one will step up though
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Old 11-22-2012, 11:33 PM   #3
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You might have to go into the sewer though.
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Old 11-22-2012, 11:34 PM   #4
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is it Banyon that's a lawyer? I'm not sure on that, I thought I remember him being one, but I may be wrong.
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Old 11-22-2012, 11:35 PM   #5
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isn't baby lee a lawyer?
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Old 11-22-2012, 11:37 PM   #6
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Old 11-22-2012, 11:47 PM   #7
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Old 11-22-2012, 11:47 PM   #8
pr_capone pr_capone is offline
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Quote:
Originally Posted by RustShack View Post
I represented myself in court once.
Was it after staying at a Holiday Inn Express?
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Old 11-22-2012, 11:56 PM   #9
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Originally Posted by pr_capone View Post
Was it after staying at a Holiday Inn Express?
I'm guessing after a win over Iowa. But next year they'll be better than this year so he might have to hire an actual lawyer. At least ISU isn't KU
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Old 11-22-2012, 11:59 PM   #10
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Originally Posted by RustShack View Post
I represented myself in court once.
Masturbating in public is pretty easy to plead guilty to.
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Old 11-23-2012, 12:04 AM   #11
Dr. Facebook Fever Dr. Facebook Fever is offline
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I know this is CP and joking posts come with the territory but it seems to me this is a place for serious responses only. JMO.
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Old 11-23-2012, 12:06 AM   #12
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Originally Posted by Dr. Johnny Fever View Post
I know this is CP and joking posts come with the territory but it seems to me this is a place for serious responses only. JMO.
The first 5 were. He'll get his info
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Old 11-23-2012, 12:07 AM   #13
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Originally Posted by pr_capone View Post
So... this thing has gotten WAY bigger than anticipated. A grand or two and I would have no problem reporting it and paying taxes. Donation +. I cannot bear 7k in taxes on money I never had.

I need an accountant or a lawyer. SOC needs to become a 501c3. I will be using SOC funds to pay whatever fees are necessary so cost is definitely a consideration.
Good luck, man, after personally going through that process last year, I discovered that the state of Kansas has some near nightmarish policies in place for the establishment and maintenance of a 501c3. Several of our friends recommended that we start a 501c3 in the states of Texas or Georgia, (apparently the process is much easier there.)

Basically, if you want to be a charitable organization, you're going to want a full time lawyer and bookkeeper. My understanding is that you would be required to send reports of your financial transactions to the state, and that your license would have to be renewed every year (We were told that this was also a nightmarish process.)

Your best bet would be to align yourself with an existing charity (it's what I ended up doing for my organization.)

Best of luck, PR.
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Old 11-23-2012, 12:07 AM   #14
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Old 11-23-2012, 12:48 AM   #15
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