Re: EOL

On Tue, Apr 29, 2003 at 01:09:31PM -0400, Jason Dixon wrote:
>
> Ok, I volunteer. I will soon be reselling "corporate versions" of

If you want to do this, you'll need to set up a nonprofit org to do it; otherwise, you're going to end up paying taxes on the money you send to Theo and the project.

Let's say you do this as an individual, and you don't take any cash out for yourself, other than to reimburse direct expenses - for every CD sold, you're going to have around $450 in self-employment income that'll get taxed at somewhere between 30-50% depending on your other income, plus whatever your local city & state want.

If Theo and the project were a charitable or religious organization - which they're not - Received on Tue Apr 29 13:52:49 2003