It’s alleged that the U.S Government may be investigating eBay Inc for taking donations from its seller’s on listings then allegedly not paying the charities. Possibly rincing or cleaning the money using fake dummy companies set up by people working for eBay Inc committing Charity Fraud. eBay Inc is currently trading below its normal trading range. eBay Inc 2019 Q1 Earnings Call Slides. Click here for the Earnings Call Transcript by Devin Wenig.
The IRS requires all U.S. tax-exempt nonprofits to make public their three most recent Form 990 or 990-PF annual returns (commonly called “990s”) and all related supporting documents. They must also make public their Form 1023, which organizations file when they apply for tax-exempt status. The 990 shows how much money their State or Federal Government is funding the Charity. It’s alleged that some of the dummy Charities owned by eBay Inc may be laundering money for eBay and it’s private investors.
What does a 990 form tell you?
Annual reporting is done on Form 990, Return of Organization Exempt From Income Tax. … Form 990 must be filed by an exempt organization even if it has not yet filed Form 1023 with the IRS to receive official approval of its tax-exempt status.
eBay Inc is full of crooks and very smart lawyers. We know they’re connected to many well-known charities but what Charities are they sending money too that we don’t know? Well, that will be disclosed at a later date. We can only say at this time that there is a very very heavy investigation going on at eBay Inc. And soon the chips will be falling and the ship will “right” itself.
To report a non-profit to the IRS:
Form 13909, and any supporting documentation can be submitted in a variety of ways: Mail to IRS EO Classification, Mail Code 4910DAL, 1100 Commerce St., Dallas, TX 75242-1198 Fax to 214-413-5415, or Email to [email protected] The IRS takes all complaints seriously and scrutinizes all referrals.