> If you treat the dumping project as a business, the purchase of the boards should be > an expense counted against your "income". If there is legitimately zero profit > involved then income - expenses = zero and you shouldn't be on the hook for any > taxes. You'd just be on the hook to pay the CPA fee to do the paperwork at tax time.
What he said. The problem with that though is the boards. They could be considered an asset.
Otherwise you need to go through the hassle of setting up DU as a non-profit organization, similar to a museum.
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