October 9th, 2020
0
/r/tax
How to set up nonprofit to avoid paying taxes on my alcohol?
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 9th, 2020
0
Comments:
coflow97
You must prove that drinking alcohol is a religion. Then, start a corporation with a name like alcoholics unanonymous. File out the 501(c)(3) application with the IRS and the state. Appoint the president of alcoholics unanonymous and get the permits. How do I know this? I googled it. You welcome.
2
LuciusDickusMaximus
Awesome, thanks
1
varthalon
By the way... the cost of doing all that will be more than the taxes on the alcohol.
1
blakeh95
Nonprofit does not mean nontaxable.
2
[deleted]
Shitposters gonna shitpost...
1