Crom, Kobold King

Contemplating how to go about building a patreon fund for our staff who need the money

Anyone have any advice for this kind of thing? Do I need an LLC or something like that to distribute funds without any US tax burden?

Apr 5, 2017 at 6:27pmWeb
Show thread> [email protected]Apr 5, 2017
@vahnj an llc allows for the most flexibility (i.e. no need for a board) and is the cheapest to incorporate iirc (been a minute) depending on where you do it. also yes, anything at all is much better than not incorporating.
Show threadCrom, Kobold KingApr 5, 2017
@spinach sounds like LLC is the way to go
Show threadCharlotte 猫 Awoo FideApr 5, 2017
@vahnj this is probably applicable:
http://www.nonprofitlawblog.com/nonprofit-limited-liability-company-2/
Show threadCharlotte 猫 Awoo FideApr 5, 2017
@vahnj state regs vary a bit, but it is possible to get a tax exempt llc
Show threadCrom, Kobold KingApr 5, 2017
@confusedcharlot thank you!!!