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Treadingcedar23
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tGreenWay ●
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Treadingcedar23
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Treadingcedar23 said...
One of my buddies is starting a political group, and I said that I would donate money to help him make brochures, signs, flyers, etc. But he said he can't take money until he looks up the legality of donations. So I ask tRcmb experts; what are the steps for a group to be able to accept money?
This post was edited by Teddy Brewster on 8/17/2012 at 1:45 AM
Teddy Brewster
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Motown Spartan ●
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oldspart said...
What's he talking about? A candidate committee? If so, then he will need to set that up with the county clerk before he sends even $1 of his own money. If total expenditures (including in kind contributions) are less than $1000, then he only needs the committee. If they exceed $1000, then there is detailed reporting due.
If he is setting up a superpac, a 501(c)3 advocacy group, well then he needs IRS approval etc.
Either way, you can give him money now, no problem for you. It just probably won't be deductable.
Treadingcedar23
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Legal Experts - Please Help