worthspending
Junior Member
What is the name of your state (only U.S. law)? Indiana
I am trying to help a single mom by doing some fund raising for her.
A large fast food chain has offered to help with a fund raiser to help this single mom.
The fast food chain requires a W-9 tax form.
The single mom does not have a Federal Tax ID, but, I do as I have an LLC.
The chain has agreed to use my information and give me a check, however, the money will really be going to the single mom. I'm simply going to donate it to her. I'm told this will be all tax free, however, I just want to ensure that I handle the transfer of money correctly.
1. fund raiser take place.
2. I receive a check and my Fed Tax ID is associated with this transaction.
3. I deposit the check into my business account.
4. I write a check to pay for building materials for the single mom.
What problems am I looking at?
I am trying to help a single mom by doing some fund raising for her.
A large fast food chain has offered to help with a fund raiser to help this single mom.
The fast food chain requires a W-9 tax form.
The single mom does not have a Federal Tax ID, but, I do as I have an LLC.
The chain has agreed to use my information and give me a check, however, the money will really be going to the single mom. I'm simply going to donate it to her. I'm told this will be all tax free, however, I just want to ensure that I handle the transfer of money correctly.
1. fund raiser take place.
2. I receive a check and my Fed Tax ID is associated with this transaction.
3. I deposit the check into my business account.
4. I write a check to pay for building materials for the single mom.
What problems am I looking at?