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This incredible drain on the productivity of our country , and personally on my time and creativity , is a major motivator of my getting into the Business of Politics . I`ll admit , I seem to have a special knack for running into bureaucratic road blocks . The history of these will likely be grist for much campaign controversy .
I feel like I`ve been bushwhacking to learn the basics of how to run for
office . Included here are the documents and references I wish I had been
quicker to figure out and grapple with .
The FEC shreds the 1st Amendment guarantee of Free Speech ; It must be challenged all the way to the Supreme Court .In the process , I expect to assemble a collection of "how to" materials , or a "kit" of information and resources for others who want to take on the system . Below is the start . |
I got the following very practical advice via email :
FEC stuff is left as an exercise to somebody else.
Disclaimer: I'm telling you what I did for two political committees
operating under New York state law. Your mileage for a federal
campaign committee may vary.
I went to get a DBA from NYC yesterday , but the form I got says its
for For Profit businesses , and it costs $120 . I need to get this
structure solved , because I`m sitting on my first $25 donation and need to
set up a bank account to deposit it in .
I don't know why you need to file a d/b/a unless your bank
requires it. What you need is IRS form SS-4 -
"Application for Employer Identification Number"
Your bank wants an EIN (Tax ID Number) or SSN.
An existing EIN or SSN might suffice, but I haven't tried it.
Download the form and instructions from the IRS web site.
After you fill in the form (actually printing the form and using
a pen may be required), call the IRS office in Holtsville
on a voice phone at 516 447 4955 . The sheet lists a fax number;
516 447 4991 , but I have not used fax to apply for an EIN.
Normally, applicants are supposed to apply for an EIN by mail
and wait several weeks. They offer the option where you recite some of
the SS-4 info over the telephone, they supply your EIN over the phone,
and you then file your SS-4 by snail mail.
Where I live, I called a different IRS office. Their hours were
9AM-3PM. The number was constantly busy. I got through during
lunch time.
Once you have the EIN, talk to a bank. I found a bank that considers
a political committee to be a non-profit "fiduciary" account.
I have a business checking account that pays no interest but charges
no fees and has no minimum balance. I had to file a bank form
listing the name and officers of the non-profit committee.
The resulting Employer ID : 13-4101705
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