October 8th, 2020
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How to set up a non profit so I can get all my alcohol tax free?
I'm a connoisseur of the good shit. I'm talking top shelf alcohol. Your definition of good shit? I use that as hand sanitizer.
I drink a handle about every three days (diluted). It comes out to about $500 a week on alcohol, which would be fine if not for the insane taxes. I spend nearly $4,420 in taxes on alcohol a year, which puts me like 1.3k in the red.
The solution I thought of is starting a non profit so I can save $4,420 in taxes and have $3120 surplus, maybe take a cruise. How do I go about setting this up?
October 8th, 2020
0
Comments:
DeluxeXL
Your submission has been removed because it is primarily a business question or discussion (rule 5). Other subreddits are better equipped to address these topics:
/r/smallbusiness is good for questions about starting, owning, and growing a small business.
/r/legaladvice can help you determine if you need to contact a lawyer if you have a legal issue and you may get some basic advice.
/r/tax is appropriate for general tax questions.
/r/freelance is appropriate for general freelancing questions.
/r/entrepreneur is good for business questions, especially about startups offering an innovative product, process, or service.
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Cromulus
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