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Clemson making more moves into Dade

gogeta4 said:
i dont think so.

Their fan base isnt as rabid as Bama. Their run wont be as sustainable. They literally have NOTHING going on in that state other than Bama. They have unlimited funds...Bama legit will take Clemsons coach when Saban hangs it up.

As far as in the acc yes they are..but Clemson doesnt recruit s.fla too tough or like how Bama throws their weight around. Clemson is strategic.
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facts
 
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brock said:
Nothing happens to Clemson. Nothing.

-The basketball assistant basically admitting Clemson fb pays players
-Multiple members of the team testing positive for banned substances

This is all within the last year and the media just sweeping it under the rug. Sh*t crazy
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Different set of rules and punishment. Ummmm....Where have I heard that before? Miami is the brown skinned peoples of college football and the NCAA the police and justice system. Welcome to my world MF'ers!
 
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TheToadSage said:
What better way than to take a group of ppl who doesn't ask where their money is going and not be able to pinpoint any one person who is "allegedly" giving money to players? You have to convince a millionaire to donate, church takes all the money from 100 of thousands of ppl that easily donates. NewSpring has 8-10 campuses now in SC with thousands upon thousands of "owners" attending 2 services on each campus every Sunday. Even gamecock fans that attend in Columbia don't realize they are contributing to Clemson's football success LOL.
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They can be audited though and the treasurer would need to show proof of where the money is going too.
 
Rellyrell said:
Maybe we should be using e-currency as our bags. Lol but not really
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Really the best way is to have these boosters hire these kids parents for legal no show jobs.

Give the dad an online job that pays 150k a year. Have him log in to the server at some point each day and if he forgets to log in count it as "vacation". IRS gets their taxes. NCAA has no leg to stand on when Billy Bob, who is no way affiliated with the school, hires some recruits dad to his company. The NCAA can't regulate what companies a recruits family works for.
 
wspcane said:
There are two different sides that I think we are talking about. To get a tax benefit for donating to a church (or any other charity), you get a receipt of confirmation that the IRS can request if you take a deduction on your income taxes. To get money from a church, I honestly do not know how it works.

My career is in tax work for tax exempt organizations. As far as I know, we do not have to give the IRS a list of people that receive support. However, I’d also imagine it is very, very easily manipulated if you are a crooked church.
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In that case you know WAYYY more about this than I do since I just briefly browsed through the religious organization tax rules.

Quick question for you lol. I know in the past churches have been busted for being fronts for mobsters. They would somehow launder the money through the church and then create legal companies like diners and the like. How the **** did they manage that? I imagine it was a similar way to how Clemson does it, but I can't even begin to figure it out. Thanks.
 
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PittsburghCane said:
I literally went to 247 and looked at each class 12-18. But do you.
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So you’re saying you don’t know how to read, count, or both? The Clemson roster is largely based on starters from everywhere but SC. I knew your post was garbage the minute you started spewing out “facts” with no actual facts.
 
PittsburghCane said:
Literally the whole point was that they dominate their general vicinity and aren’t poaching SOFla like people say. But you thought it was in best interest to worry about SC players. K bud.
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You’re original comment on my post “Yes. They are. Winning with SC players.” 🙄
 
OriginalGatorHater said:
In that case you know WAYYY more about this than I do since I just briefly browsed through the religious organization tax rules.

Quick question for you lol. I know in the past churches have been busted for being fronts for mobsters. They would somehow launder the money through the church and then create legal companies like diners and the like. How the **** did they manage that? I imagine it was a similar way to how Clemson does it, but I can't even begin to figure it out. Thanks.
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I honestly am not too sure. However, I can tell you that whether a recipient of money from a church has to include that as income on their personal income taxes is a super grey area. At a very minimum there is a total allowance of not including a “gift” of up to $14k per person. So you can do the math easily there... if there are two parents and three kids, you’re already up to $70k per year.

With the mobster question, I would think it is something like you contribute cash to a church or not for profit. The donor takes a charitable deduction there of 50% of the contribution. Then let’s say the church needs laundry services or meal services or building/contractor work done. They would engage a company owned by that mob affiliated person. Suddenly that money is cleaned.

The caveat to that is for not for profits that have to file 990s (any 501c3 other than a church or governmental agency), you have to disclose transactions with substantial contributors, board members, or other interested persons. Also, those contracts should be at fair market value. However, churches generally have less scrutiny and do not need to file that public disclosure form, so it could fly more under the radar. I’m not positive but that is what I would guess is the scheme for cleaning money.
 
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OriginalGatorHater said:
It definitely would be a tax write off so that explains WHY they would donate to the church, but it doesn't explain how the church can get the money to the kids.
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That’s for the
OriginalGatorHater said:
It definitely would be a tax write off so that explains WHY they would donate to the church, but it doesn't explain how the church can get the money to the kids.
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If I knew how I wouldn’t be on a message board and I’d prob be more wealthy then I am today. I’m sure there is regulations but when a lot of CASH is handed to these people there is no documenting of what has been given to the church. It is regulated but not anywhere near like a real business. If your are giving funds to a family “in need” and they happen to have a 5 star football player what can they really argue at that point?
 
wspcane said:
I honestly am not too sure. However, I can tell you that whether a recipient of money from a church has to include that as income on their personal income taxes is a super grey area. At a very minimum there is a total allowance of not including a “gift” of up to $14k per person. So you can do the math easily there... if there are two parents and three kids, you’re already up to $70k per year.

With the mobster question, I would think it is something like you contribute cash to a church or not for profit. The donor takes a charitable deduction there of 50% of the contribution. Then let’s say the church needs laundry services or meal services or building/contractor work done. They would engage a company owned by that mob affiliated person. Suddenly that money is cleaned.

The caveat to that is for not for profits that have to file 990s (any 501c3 other than a church or governmental agency), you have to disclose transactions with substantial contributors, board members, or other interested persons. Also, those contracts should be at fair market value. However, churches generally have less scrutiny and do not need to file that public disclosure form, so it could fly more under the radar. I’m not positive but that is what I would guess is the scheme for cleaning money.
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Makes a lot of sense. Thanks a lot bro. Always good getting info from someone very knowledgeable in a particular subject. Appreciate it.
 
wspcane said:
I honestly am not too sure. However, I can tell you that whether a recipient of money from a church has to include that as income on their personal income taxes is a super grey area. At a very minimum there is a total allowance of not including a “gift” of up to $14k per person. So you can do the math easily there... if there are two parents and three kids, you’re already up to $70k per year.

With the mobster question, I would think it is something like you contribute cash to a church or not for profit. The donor takes a charitable deduction there of 50% of the contribution. Then let’s say the church needs laundry services or meal services or building/contractor work done. They would engage a company owned by that mob affiliated person. Suddenly that money is cleaned.

The caveat to that is for not for profits that have to file 990s (any 501c3 other than a church or governmental agency), you have to disclose transactions with substantial contributors, board members, or other interested persons. Also, those contracts should be at fair market value. However, churches generally have less scrutiny and do not need to file that public disclosure form, so it could fly more under the radar. I’m not positive but that is what I would guess is the scheme for cleaning money.
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Try and find profit statement about new spring church online. It is almost impossible. You can’t even find what the church(company) is worth. It seems churches are protected in some way from public knowledge.
 
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BloodEunsOrangeAndGreen said:
Try and find profit statement about new spring church online. It is almost impossible. You can’t even find what the church(company) is worth. It seems churches are protected in some way from public knowledge.
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You’re not going to. They don’t have to post it (nor does any temple, church, Scientologist, etc). Similarly, most state schools do not have to post this stuff. Taking UGA for example... they do not have to post for the general school. However, the University of Georgia Athletics Association is not a government entity and does have to post their 990s. You can find all of them on guidestar.com with a free sign up.

Since UM is private, all of our financial information is readily available, with the only info redacted being who contributes to the school. That is provided to the government but not on the public disclosure forms.

Churches do not file 990s, so none of that is available to the public. It is also why you won’t find Salvation Army’s financials. Imagine the uproar if the IRS was auditing church information in the current political climate. That’s why it is an easy method for moving money.
 
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