So recently, I've been wanting to start my own company, be it for-profit or nonprofit. The type of business i want to create is one that helps both businesses, churches, grocery stores even, in partnering with homeless shelters.
The idea is to help those aforementioned places with tax deductions if they choose to help a homeless shelter, either with helping collect donations, IRS forms, etc... this is also to help the places that are donated to make formal letters stating what items were donated and accounted for so when the places that donated the things, and get audited, they have legitimate papers to submit.
My question is, how would i get this started, what materials would i need to purchase, could i start this from my home and then should i later move into a building, etc...
What forms would i need to collect for the most up to current IRS tax deductions? 990 tax fors, 501(c)(3) etc... Which websites would be great for this?
Thanks for all of your help reddit community!
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