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The Watercooler
Baby Stuff Question
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<blockquote data-quote="trinityroyal" data-source="post: 328765" data-attributes="member: 3907"><p>s</p><p>The short answer is yes. If you start a not-for-profit company, you can draw a salary, in some cases a considerable one. You can also hire paid staff to manage the organization's operations. There are regulations and criteria that must be met, and different tax returns from regular corporate tax returns.</p><p></p><p>This info applies to Canada, but I'm sure there are similar rules in the U. S.</p></blockquote><p></p>
[QUOTE="trinityroyal, post: 328765, member: 3907"] s The short answer is yes. If you start a not-for-profit company, you can draw a salary, in some cases a considerable one. You can also hire paid staff to manage the organization's operations. There are regulations and criteria that must be met, and different tax returns from regular corporate tax returns. This info applies to Canada, but I'm sure there are similar rules in the U. S. [/QUOTE]
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