Jurassic Lancer Posted February 14, 2022 Share Posted February 14, 2022 I am also wondering about the tax consequences of soliciting designated donations specifically for legal expenses. 4 Link to comment Share on other sites More sharing options...
Terri Schehr Posted February 14, 2022 Share Posted February 14, 2022 Just now, Jurassic Lancer said: I am also wondering about the tax consequences of soliciting designated donations specifically for legal expenses. I don’t know how that could be tax deductible but I’m not a CPA. 1 Link to comment Share on other sites More sharing options...
JimF-LowBari Posted February 14, 2022 Share Posted February 14, 2022 (edited) 1 hour ago, Jurassic Lancer said: I am also wondering about the tax consequences of soliciting designated donations specifically for legal expenses. Is this group specified a non-profit? Thinking this would affect that status too. Lot easier to lose non-profit than get it. ”we want you to donate to our legal fund instead of the stated purpose of the organization “. 🤔 Edited February 14, 2022 by JimF-LowBari 2 Link to comment Share on other sites More sharing options...
Bob984 Posted February 15, 2022 Share Posted February 15, 2022 10 hours ago, fsthnds said: From what I have heard the Ma. AG's office is investigating the organization now that the evidence came public from the civil decision. Denise could easliy be charged with all 3 of the reasons! Agreed. I think it is safe to say that the "Foundation" is likely over (though I am all for giving kids scholarships.....but not as a front to somebody's yearly and pricey August vacation.........I would be curious to see what the IRS has to say about the tax writeoffs....... 3 1 Link to comment Share on other sites More sharing options...
FTNK Posted February 15, 2022 Share Posted February 15, 2022 So she gets fired from Cadets immediately…. riiiight?…. Link to comment Share on other sites More sharing options...
Jurassic Lancer Posted February 15, 2022 Share Posted February 15, 2022 21 minutes ago, FTNK said: So she gets fired from Cadets immediately…. riiiight?…. Based upon Cadets track record? 1 Link to comment Share on other sites More sharing options...
Jeff Ream Posted February 15, 2022 Author Share Posted February 15, 2022 2 hours ago, Jurassic Lancer said: Based upon Cadets track record? #### you beat me to it. 3 Link to comment Share on other sites More sharing options...
whitedawn Posted February 15, 2022 Share Posted February 15, 2022 On 2/14/2022 at 10:05 AM, Jurassic Lancer said: I am also wondering about the tax consequences of soliciting designated donations specifically for legal expenses. Perfectly legal. Link to comment Share on other sites More sharing options...
whitedawn Posted February 15, 2022 Share Posted February 15, 2022 16 hours ago, FTNK said: So she gets fired from Cadets immediately…. riiiight?…. For what? Link to comment Share on other sites More sharing options...
whitedawn Posted February 15, 2022 Share Posted February 15, 2022 (edited) . Edited February 21, 2022 by whitedawn 2 1 Link to comment Share on other sites More sharing options...
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