I polled the 1900 members of my free group about the change to fee per member pricing.? AS a large group, Enterprise size in the new pricing plan; upgrading now to Premium would save
almost nine?hundred dollars a year to avoid the fee per member schedule for upgrades after Jan 18th.In four days I have had 130 responses, 81% favored upgrading now, versus staying free
and wait for the fee per member prices to drop later.? One subscriber actually favored upgrade to Enterprise at $2200 per year.? I have had twenty members leave, obviously afraid of fee per
member pricing.? I feel confident of more than enough donations to keep the list afloat.? I use Paypal to process payments for my part-time business.? I don't want to mix funds so am planning on a new,
separate Paypal account just to collect subscriber donations.??
ken clark
www.shastasprings.com
| 1c.? |
Re: Suggestions for how to pay for your group
From:?Shal Farley
Date: Mon, 04 Jan 2021 18:55:10 PST
Ken,
... but if an owner uses his/her own bank account to collect money for
a "donation" to GROUPS.IO wouldn't he/she be liable for income taxes
on that money?
This concern was raised in the beta "Pricing Changes" topic. And is a part of my motivation for the "Simplified Donation feature #suggestion":
I'm also not a tax accountant, but I believe that (at least in the U.S.) the answer is no. But (strangely) the giver may be required report it if it exceeds a substantial exclusion per recipient.
For the recipient the concern may be more one of having the operation of the group be construed as a business for tax purposes, requiring a filing as such. I think as long as the donation income represents an insignificant fraction of the group owner's income that would not be a likelihood.
But... With the upcoming per-member charges for groups created on or after Monday the 18th it would be possible for a moderately large group to incur a large enough plan payment that it could be comparable to some people's income, particularly retirees. A group the size of GMF for example would cost upwards of $1,900/yr if created after that date.
But I've never run a sole proprietorship business, so I've no idea what the rules really are.
Shal |
|
|
--
ken clark
www.shastasprings.com
SP4149