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I am considering creating a defense fund where I accept donations from the public to assist in financing a legal case that I am bringing against the University of Chicago. In conjunction with our motion for summary judgement that we will be filing sometime in August, we will issue a press release that may include a statement about accepting donations for the defense. What are the legal, accounting and tax issues related to such a defense fund?

Do I need to set up a new bank account, tax id, mailing address (P.O. Box)?

"Have nunchucks. Will travel."-JCoC
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