1 |
On 7/3/19 12:47 PM, Rich Freeman wrote: |
2 |
> On Wed, Jul 3, 2019 at 2:12 AM Robin H. Johnson <robbat2@g.o> wrote: |
3 |
>> At an outward glance, this does imply that some umbrellas would be |
4 |
>> cheaper than a CPA, while others would be more expensive; but the |
5 |
>> equation is more complicated, because we need to be careful about the |
6 |
>> accounting of services that the umbrella would provide. |
7 |
>> |
8 |
>> The equation therefore should be more of: |
9 |
>> Cost(Umbrella) vs [Umbrella baseline without umbrella-provided expenses] |
10 |
>> |
11 |
> You also need to consider the tax savings themselves if the umbrella |
12 |
> is 501c3. That is also a percentage of the net (the CPA costs being |
13 |
> deductible most likely). |
14 |
|
15 |
It depends on the type of income, iirc e.g GSoC wouldn't be tax exempt |
16 |
in either case. Same for royalties from sale of merchandise |
17 |
|
18 |
> |
19 |
> You also need to consider services that we would receive that we |
20 |
> currently lack. After all, Gentoo hasn't spent a dime on CPAs for a |
21 |
> long time, but that was hardly a true savings. |
22 |
|
23 |
Also needs to account for potentially higher future earnings, we haven't |
24 |
actually been doing active fundraising. |
25 |
|
26 |
-- |
27 |
Kristian Fiskerstrand |
28 |
OpenPGP keyblock reachable at hkp://pool.sks-keyservers.net |
29 |
fpr:94CB AFDD 3034 5109 5618 35AA 0B7F 8B60 E3ED FAE3 |