SEI 700 Auditors - There is a MASSIVE NEED for SEI 700 Auditors in every County in CA as well as people willing to Audit Multi-County and State Candidates and Employees. We do NOT believe local papers or news stations can or will do SEI 700 audits or audit details because it will expose them for NOT doing their job for decades. The information and stories these audits should be able to generate should be extremely intersting to county residents -- more so than most news they've seen since 9/11 from local outlets.
New Local Media Producers - Local print and online journalism is believed to be generally rotten in mid-size counties (unsure about others). It' been corrupted with advertising dollars and venture capital consolidation by companies and people chasing advertising dollars. This SEI 700 expose will expose them for complacency if not conspiracy (once we expose advertising revenue they were getting from counties). We are goign to try to cut off advertising dollars from all counties to all local news outlets (with legal advertising possibly being their biggest money maker right now) . If that is a large enough portion for their advertising budge they will collapse. If not they will have to shrink and rethink. Either way their reputations will be tarnished. Independent reporters who cut their teeth doing Audits and producing audit related stories should be sitting in a good position to re-invigorate truthful local media distribution.
Redesigning Government - County and State Government structures need to be re-thought completely . The org charts are grossly dysfunctional and no proper distributed reporting and chain of command
Redesigning the Courts and Legal System - This will make sense when you get to the next conspiracy , which is even larger than this SEI 700 thingy. Believe it or not.
Short Term - There will be a window of opportunity here for massive work AND massive attention. First in to the work are going to get lions share of initial attention until others jump in. i've only done 5 fairly full audits and I co8uld easily write 20 books on what i've found. (movies, movie scripts etc). Some of theese people were obscene. Obviously if we all find the obscene -- each story may have less value on a big stage -- but within your county and for your county history 100 years from now, they may be VERY valuable. There needs to be a shift to far more County Governance and less state Governance. More duplication of work at county level that the state is doing 1) boosts work opportunities and 2) forces local decision makes to face constituents. If you are part of the story making that brings that about those stories should have value throughout life.
Long Term - After the first audit waves and the first election or two under audit, the Kleptocrats and many others will be chased away. So what then? As mentioned above, 1) there is a good chance your current media outlets will or should fail a as a resuult of this 2) People will be more interested in local events from new writers and reporters that helped them understand the kleptocrats and 3) People should be able to join together to form new, county level media outlets to replace the old guard (that failed).
Donations - Seek donations from family and friends for doing the work we all need done. Seek donations from houses of worship, non-profits catering to elderly and veterans,, small businesses etc. Many people will realize immediately how they may benefit from this work. Don't expect any support from large corporations. They will be losign in this.
Sponsorship / Advertising - Ask for sponsorship money and/or advertising money. Include them on your website, google docs, etc
Podcasting / Book Clubs - You could consider a podcast or organizing meet ups to discuss findings and charge fees or ask for donations.
E books - Turn the more interesting audit into e-books.
Screen Plays - Movies etc -- surely some may make for good screen plays and movies
Merchandise - If you are a real rock star in your county -- maybe you can create hats and hoodys and such for support
Grants - you can pursue grants.
Other -- ....
Sole proprietor as self - Just be you.
Sole proprietor Doing Business As - "San Benito County Examiner" for example -- file for a fictitous name with your county and run the legal ad as required. Good for 5 years. Total Cost under $150. Can setup a bank account the day you file with the County. No need to wait for posting to complete.
Partnerships - two or more people together in theor own names
Partnership Doing business As - "San Benito County Examiner" for example - (same as above
LLC or S-Corp - Probably not needed nor overly beneficial for individual. While they might provide some legal protection for a collection of people, as a sole owner you would likely be sued personally anyway so skip it unless you know of another reason why they might be good
Primary difference between the two is equal partnershi9p interests vs that which can be split unequally via stock.
If you start making a lot of money an S Corp offers the right for self directed 401k.s. the rest is generally irrelevant
C Corporation - Not needed unless you know you need it
Non Profit - This wording is confusing. "Tax Exempt" is what it should be called and in theory it should only really affect C-Corps who gain the statuts and have no affect or change on S Corp and LLC filing if they can be granted non profit status (in your state) .
The benefit of a non-profit is tax based. If you generate 100k in profits for the year and pay out 60k in income to yourelf, only the 60k is taxed at a personal level. The other 40k sits in your account as if it has NOT been earned yet. (with a company tht money would be taxed). That is the MAIN benefit of a non profit. You can accumlate money tax free year over year.
There are benefits like the ability to use Library Space at the county and grants designated for non-profits.
There are drawbacks. You need a Board, taxes are public information AND you must remain non-partisan << check on this last one -- it surprised me and I believe it's true somehow>>
Sole proprietorships/Partnerships w or w/o DBAs and LLCs - Fill out a schedule C with your tax return and that's it. All profits produced will be taxed as if they were paid out wheter you paid them out or not. Taxed at ordinary income rate
S-corps / C corps - 1120 tax form. - S Corps will tax like LLCs, sole proprietors and partnerships. No additional corporate tax on money left in the busine. C corps will tax on money left in the buinesss.
Non Profit - either schedule C (if LLC) or 1120 and then a 990 to supplement those
Libel and Slander are civil crimes related to saying or writing a falsehood about someone that you KNEW at time of writing or saying it it was false. Generally speaking if you put something out false , they can not sue immediately. they must ask for redaction or correction and if you do that their claims would be very limited if any -- and with digital publishing (non-pdf) where content can be changed and noted -- and reach is hard if not impossible to assess . Libel/slander may be an nearly impossible claim to win if there is any gray area. Furthermore, nobody will sue you if you have no money as any judgement is/should be dismissible with bankruptcy. Furthermore, in CA there are strong "Anit SLAP" laws -- which allow for counter suits for improperly trying to control the free speech of another. Thus for most people trying to do generally honest reporting -- as long as you use "believed" and "alleged" and other suggestive words -- there should be zero reason anyone can pursue you properly. Some homeowners policies actually cover litigation for libel and slander -- although probably would not cover if it was part of paying work. You could check with insurance carrier to see if any other insurance might be available to journalists if of interest.
Bottom line, unless you have a lot of money and no way to liquidate it (like a corporation) it's unlikely you will get sued for journalism work. That is not an invitation to openly slander, but in the current system it actually may kind of work that way.
Incorporating provides Minimal protection for solo-prenuer - Most likely you will gain no protection from incorporating if you are operating by yourself. You would be sued individually and via your business entity.
Incorporating provides Minimal protection for small number of people all contributing equally - Most likely you will gain no protection from incorporating if you are operating with a small number of people all contributing equally. The will likely just sue the contributor(s) personally.
Incorporating provides protection if you have partners doing different tasks and/or employees - If you have partners or employees employees doing different tasks incorporating could add protection if/when one of your people does something litigation worthy but that likely would NOT protect yhou for thihgs you wrote in your name or those you wrote as "editor".
CA State Org Chart (for Reference)