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Money-Handling and Taxes for Mutual Aid Groups

Live transcription available here.

Featuring Mike Haber and Dean Spade
Link to Mike’s slides

This online teach-in is for mutual aid groups facing nuts and bolts issues that come with the work we’ve all been doing. How has your group been funneling money to people in need, and what are the tax consequences? How should we store money we raise? Do we need to consider incorporating, having a fiscal sponsor, or becoming a non-profit? What are the costs and benefits of each potential approach? What should we do now if we didn’t think about this in 2020 and now one of our members got a big tax bill because they took in all the money through their personal Venmo or Paypal account? What should mutual aid groups know about banking? This webinar will be taught by Mike Haber, author of Legal Issues in Mutual Aid Operations: A Preliminary Guide. Mike is a professor at Hofstra Law School. Bring him your questions or email them now to bcrw@barnard.edu!

Some of the information on handling money is relevant to anyone doing mutual aid, but most of the tax questions  specifically addressed US tax law questions.

Download this handout created for the event:
Guide to Options for Handling Money in Mutual Aid Groups
http://bit.ly/mutualaidmoneyguide

Additional resources and info are available on the event page:
http://bit.ly/mutualaidmoney

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