P3D Taxation of club activities

[Paul Talbot <ptww@xxxxxxxxx>]

> If we were a state and federal tax exempt organization, then we
> could accept charitable contributions, but this means incorporation,
> by-laws, elected officers, tax forms, state forms, accountants, etc.

P3D is not the place to go into details about taxes, but (having
spent a couple years in grad school studying U.S. tax law) I feel
obligated to note that the statement above is *not* a good synopsis
of applicable rules.

Consult a tax specialist for assistance; look for my posting in
Sell-3D for a special offer.  ;)  ;)

Paul Talbot


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