Krita Foundation in Trouble

Post by raghukamath » Tue, Aug 01, 2017, 4:32 PM UTC

sandGorgon wrote: post #179

mikekchar wrote: post #165

Earlier quoted context omitted.

I am not an accountant. This is not tax advice. However, I do international consulting and have to deal with this kind of stuff all the time. Basically, for him , he needs an invoice. It should describe what he's getting and how much it costs. Then it's up to him to convince his company to pay the invoice. Whether or not they can claim it is an expense is probably important to the company, so something like a support…

> Whether or not they can claim it is an expense is probably important to the company, so something like a support contract is much more useful than a sticker (I really, can't imagine how to declare a sticker from a non-partner as an expense...) +100 - absolutely bang on target. > TL;DR: giving him an invoice (especially for a service) will make it easy for him to pay you, but will make things complicated for your ta…

Post by numlocked » Tue, Aug 01, 2017, 4:45 PM UTC

dbrgn wrote: post #11

Just a quick reminder, if everyone here donates just 3-5$, the expenses will be paid in no time :) Krita is a great software, and even though I'm not an artist it's worth supporting.

Post by neves » Tue, Aug 01, 2017, 5:29 PM UTC

Post by rexreed » Tue, Aug 01, 2017, 5:46 PM UTC

skywhopper wrote: post #173

This is a good reminder that for very small organizations, it's important for the founders themselves to understand at a basic level the relevant applicable tax laws and typical exceptions. The level of accounting consultancy a small organization is going to be able to afford is unlikely to be comprehensive, and all the right questions may not be asked when making plans. But if the founders who do know all that's goi…

Post by alexfisher » Tue, Aug 01, 2017, 6:43 PM UTC