Thanks for the information NEVA.
I am giving serious consideration to everything that's been said here. I realize that if I am going to have the mindset that my business is here to stay, I have to be willing to do what's necessary to give that perception to my potential customers as well.
I'm in the process of setting up a business website where I plan on selling a monthly, email newsletter through Paypal. The plan is to give site visitors a chance to support my personal coaching-styled work by offering them different choices of what they'd "like" to pay me. However, no matter what they decide to pay me--------each customer will get the exact same product.
This will all be above board, as I will clearly state that it is the same product, and that it is up to them what they'd like to pay to recieve it.
For example: I would have Paypal "SUBSCRIBE" buttons listed on the website with designated payment amounts like $20, $50, $100, or a one-time "donatiion" for whatever amount they'd like to specify.
Here'a website I found through Google that is an example of what I mean. But it seems to be some kind of a nonprofict site and NOT a business site:
My questions are:
1. Is it legal to sell email newsletter subscriptions using the SUBSCRIBE button this way as a business (instead of as a nonprofit organization)?
2. If I have a DONATE button on a business site, is that legal?
3. Also, if i were to put a DONATE button on my business website, would I have to categorize these as charitable gifts on my taxes as opposed to just listing them like I would any other payments I've received for the sale of my products?
Any info that any of you may can provide would be appreciated.