I find it slightly amusing that one Cyclone fan is going to be responsible for giving more to the UI Children's Hospital than ANF actually has generated for farmers. Not that I know the ANF numbers, but as far as I know, it's more about "awareness" than giving back. I do wish that Carson would have given half of that to Blank, which is also a really good children's hospital in DSM.
I wonder why it doesn't just stop at these being considered gifts? Gifts aren't taxable income to the recipient.
I'm not sure. I think the IRS put the 200 transactions or $20,000 in place because once you get to those levels it could be perceived as a sales business transaction (we all know it's not in this case) so it makes it easier for the TPSO.
I know there have been instances on paypal where I buy stuff from people and I mark it as "gift" so I avoid the transaction fee.
That’s how you get around the solicitation issue? You call it a gift? I always heard you put a camera up and called it film making.
I was talking about buying race car parts this time lol
I wonder what the matches from Busch Light and Venmo mean? I know it is easy to match when it was at $10K, but now that it is getting to $100K, you would think they would put a cap on the match too. This could get to a million. So I'm taking their match with a grain of salt until it is done. Nothing against Busch Light and Venmo either if they decided to only "match" so much of it since now it is getting so much support and has went viral.
Some people are starting to notice this. View attachment 66922 [/QUOTE
I'm not finding this on Twitter, I really wanna re-tweet this, very well said!
I wonder what the matches from Busch Light and Venmo mean? I know it is easy to match when it was at $10K, but now that it is getting to $100K, you would think they would put a cap on the match too. This could get to a million. So I'm taking their match with a grain of salt until it is done. Nothing against Busch Light and Venmo either if they decided to only "match" so much of it since now it is getting so much support and has went viral.
#ANALSurely there's an Iowa law grad practicing in tax law that would be happy to provide Carson some pro-bono services. #ANL
Yeah he may want to hold some of that to cover his taxes.
at first i was kinda disappointed he didn't donate the money to Blank Children's Hospital due to ISU's affiliation, but....did you guys/gals know that the MRI suite at Stead Family Children's Hospital was heavily funded by ISU's Dance Marathon? UI's Dance Marathon, OTOH, paid for a good chunk of the two machines themselves. i think it's really cool they complemented each other like that.
It may sit on Iowa's campus, but the Children's Hospital does amazing work for sick kids in the state. Sadly, I've had 3 friends with young kids go through there. From all I've heard, the staff and care are amazing and I know my friends' kids (none of them Hawkeyes, 2 ISU, 1 UNI) really loved the experience of watching the games. I threw some money Carson's way, this is just tremendous and the Iowa/ISU thing shouldn't matter here.
InBev has $1,000,000 in their couch. No clue about Venmo but it's a good investment, regardless.I wonder what the matches from Busch Light and Venmo mean? I know it is easy to match when it was at $10K, but now that it is getting to $100K, you would think they would put a cap on the match too. This could get to a million. So I'm taking their match with a grain of salt until it is done. Nothing against Busch Light and Venmo either if they decided to only "match" so much of it since now it is getting so much support and has went viral.
If you are a sick kid, and family, it has to be amazing. I'm all for anything that makes a sick kid smile.I know we like to diminish it, but the wave is cool and I think it makes a difference.