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Investigate Logistics of Incorporation and Taxes #252

Description

@AJaccP

🧠 Context

The CCSS operates similarly to a non-profit corporation in many ways. Formal incorporation may be beneficial or even expected. Additionally, we may have tax obligations we are unaware of or not currently addressing.

⚒ Action

Investigate the logistics of incorporating the CCSS as a non-profit organization and determine whether we are required to file or pay taxes. Document:

  • Steps to incorporate
  • What would need to be done on a yearly basis if we incorporate
  • Pros and cons of incorporation
  • Whether we need to file/pay taxes, how much, and what the annual process would involve
  • Estimated timelines for any of the above

✅ Acceptance Criteria

  • All information listed above has been documented and shared with the BoD

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