mnrichards
Recruit
- Joined
- Jul 8, 2013
- Messages
- 3
Is Canes Connection a 501 (C) (3) entity?
Is Canes Connection a 501 (C) (3) entity?
In eleven years, no less.This is your second post?
What the ****…
You should see him at parties tbhThis is your second post?
What the ****…
No gator we are violating the rules like Miami is gonna violate your asses in augustIs Canes Connection a 501 (C) (3) entity?
For now. IRS has basically said collectives don’t qualify as non-profits as currently configured, even when partnered with charities, because their primary purpose is to benefit private individuals (the athletes). Probably worth checking with the accountant if someone is making a donation with the expectation it can be deducted.absolutely
He loves his tax loopholes manThis is your second post?
What the ****…
Is Canes Connection a 501 (C) (3) entity?
Had an Uber driver say he writes off his lotto tickets bc he’s donating to education. Also said he’s owed the IRS since Gino was throwing TDs to Lamar and Horace.He loves his tax loopholes man
IF you’re donating enough where it really equates to more than your standard deductibles and you need those tax write offs; you should have your tax accountant speaking with an associate from UM.
Canes Connection website isn’t the correct platform for you; I assure you if you speak with the right people your donations will be allocated proportionally in the right places to affect the football program legally.
i agree 100% i was being facetious. these are organizations that pay athletes to promote x. it is clearly a commercial activity and not a charitable activityFor now. IRS has basically said collectives don’t qualify as non-profits as currently configured, even when partnered with charities, because their primary purpose is to benefit private individuals (the athletes). Probably worth checking with the accountant if someone is making a donation with the expectation it can be deducted.
I Love having my *** violated....No gator we are violating the rules like Miami is gonna violate you’re asses in august
In eleven years, no less.
Post #1: Terry McCray commitment thread.
[Eleven years later]
Post #2: Is Canes Connection a 501 (C) (3) entity?
[Eleven years later]
Post #3: Is Miami’s partnership with Neauralink hurting its chances with Terry McCray Jr?
I Love having my *** violated....View attachment 285228