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Would tarsnap do well to become a non-profit?

He could still pay himself a fair salary but he'd avoid any tax liability for the business and I guess he could accept donations too?

I don't know much about it, but if your only goal is a fair salary I've always assumed a non profit business structure would make sense? Can someone more knowledgable chime in?



There's no real reason to turn Tarsnap into a non-profit. At least for now, the work is easily handled by him, he still has a passion for the work, and the project isn't large enough to require any "management".


Would there be any tax benefits though?


Doubtful. Companies which don't make a profit don't pay income tax, whether they're non-profit by purpose or non-profit by circumstance.


Err, well not if your goal is to make a profit.


Right but in his post he states that his goal is to make a fair salary. Non profits allow you to pay yourself a fair salary AFAIK.




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