<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0">
	<channel>
		<title>Can an LLC accept a cash donation?</title>
		<link>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm</link>
		<description>Can an LLC accept a cash donation?</description>
		<lastBuildDate>Thu, 14 Mar 2013 6:11:18 GMT</lastBuildDate>
		
			<item>
				<title><![CDATA[I had the same question when I w]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm</link>
				<description><![CDATA[I had the same question when I wanted to make an automobile donation, my son works as a lawyer and he explained me everything I needed to know. I also entered the IRS website, they have a lot of usefu]]></description>
				<pubDate>Thu, 14 Mar 2013 6:11:18 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm#806240</guid>
			</item>
			<item>
				<title><![CDATA[Here is a brief description of t]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm</link>
				<description><![CDATA[Here is a brief description of the gift tax (from the IRS web site) followed by a link to the FAQ section, which may help.
&nbsp;





Gift Tax

]]></description>
				<pubDate>Thu, 14 Mar 2013 6:11:18 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm#721897</guid>
			</item>
			<item>
				<title><![CDATA[
  You need to speak with a qua]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm</link>
				<description><![CDATA[
  You need to speak with a qualified accountant... but in my experience it can not be qualified as a donation unless you are deemed a charity.&#160; Instead it is considered a gift and must be recorded that way.&#160; US tax law dictates the size a ]]></description>
				<pubDate>Thu, 14 Mar 2013 6:11:18 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm#721896</guid>
			</item>
			<item>
				<title><![CDATA[We are in the start-up phase of ]]></title>
				<link>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm</link>
				<description><![CDATA[We are in the start-up phase of our business and are structured as an LLC.&#160; A mentor and trusted advisor would like to make a cash donation to our LLC to help us fund some projects and get started - this "gift" is with no strings attached (i.e. the pe[...]]]></description>
				<pubDate>Thu, 14 Mar 2013 6:11:18 GMT</pubDate>
				<guid>http://www.startupnation.com/community/orca/topic/Can-an-LLC-accept-a-cash-donation.htm#721895</guid>
			</item>
	</channel>
</rss>