Hey, guys ….. here is a good idea or maybe you already know this one. Nonprofits
Excerpt: Even if you have a brilliant idea for a new charity, your altruistic intentions could get derailed by a morass of complicated 501(c)3 tax rules and regulations.
There is an alternative, however. Consider piggybacking onto an existing organization’s infrastructure and tax status, a process known as fiscal sponsorship. This allows you do good work, without the tax hassle of running your own organization.
Read full article via How small charity projects can sidestep complex tax rules | Reuters.