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Tax Planning: U.S.
 
AuditingNonprofit LawTax Law (Questions About Taxes)
Tax Planning

Recent Answers
2008-10-05  Tax Law (Questions About Taxes) - PAYMENT PRIOR TO DIVORCE SETTLEMENT:   Jeff, Thank you for your follow- up question. 1)So am I out of luck? My family law attorney has had me continue to send my ex-wife the same money that she was living on prior to our divorce....
2008-10-05  Nonprofit Law - Does any 501(c) option make sense for a roller derby team?:   Yes, generally. http://www.npccny.org/info/gti2.htm reviews the Federal Volunteer Protection Act of 1997 which provides coverage only if insurance is maintained by organization if the State requires...
2008-10-05  Tax Law (Questions About Taxes) - Death of spouse:   Joel, Thanks for your question. First, whatever return you file will be for the entire year. You get a full year's exemption and standard deduction regardless. Second, you can file a joint return...
2008-10-05  Nonprofit Law - Does any 501(c) option make sense for a roller derby team?:   As the organization is not for youth aged 18 or under and is not on the level of national competition for most players at the present it would not be a 501(c)(3) organization. IRC 501(j)(2) defines...
2008-10-05  Tax Law (Questions About Taxes) - equity allowance advice:   Wilma, Thanks for your question. My advice would be for the church to increase his salary by that amount and then enter into a salary reduction agreement for the amount of the extra pay. These funds...


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