Basically you can't make a profit and you can pay yourself whatever you want to, to make sure you don't.........
any info on how to start one, run one, etc?
Basically you can't make a profit and you can pay yourself whatever you want to, to make sure you don't.........
So if I establish it, I can give my self a salary??
Google is your friend. (http://www.google.com/search?num=30&...zation&spell=1)
won't you have to pay taxes on your salary that you pay yourself
Blown,
Try getting ahold of Sanger Pete, he's set up numerous NP organizations. I know he hangs around the Classic Hot Boat board, the link is in my sig.
Originally posted by Cas
Blown,
Try getting ahold of Sanger Pete, he's set up numerous NP organizations. I know he hangs around the Classic Hot Boat board, the link is in my sig.
Thanks Cas, I sent him an email.
You and your get rich quick schemes!
Quit slacking and get back to work!
You need to pay more in taxes so I don't have to!!!!
Originally posted by Mandelon
You and your get rich quick schemes!
Quit slacking and get back to work!
You need to pay more in taxes so I don't have to!!!!
No schemes.
You cant pay yourself what ever you want. You have a board of directors and they determine your salary. Oh ya, you appoint the board of directors! I have a freind who did this and awhile ago decided he needed a plane so the charity had to buy one!