Say hypothetically a really rich billionaire wants to donate/invest a lot of money to/in you what would be the best non crypto option to get that money since PayPal most bank accounts for that matter would stop and question you on it and probably wouldn’t believe it’s a donation?

  • hddsx@lemmy.ca
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    3 days ago

    Start a foundation, advertise that they are passionate about cause, reach out to you to arrange an in person meeting with you or your legal representative, write a check.

    But also, it’s not a donation. You are not a 501c or a 527. There is a maximum gift allowance that is tax free in the US. You have to pay taxes on top of that amount.

    You should go through your bank because your bank knows the relevant tax laws and theoretically is capable and willing of countering money laundering