Tax Planning: U.S.

Recent Answers

2012-05-25 Nonprofit Law - Are member dues Tax Deductable:

As to charitable deductions, see IRS Publication 526 "Charitable  Donations"  which is available at:  www.irs.gov/pub/irs-pdf/p526.pdf  and specifically see, on the first column of page 4:  --- Start

2012-05-23 Nonprofit Law - Designated funds contribution benefitting a single individual:

No.  As to charitable deductions, see IRS Publication 526 "Charitable  Donations"  which is available at:  www.irs.gov/pub/irs-pdf/p526.pdf  on page 6 where the IRS lists as not deductible "Contributions

2012-05-23 Nonprofit Law - 501c3 charities:

I am assuming the organization does not operate, as its main activity a house of worship.     "Some entities eligible to receive tax deductible charitable  contributions may not be listed in Publication

2012-05-23 Nonprofit Law - 8th Grade Fundraising:

1.  No, that is not legal.  In June of 2011 that IRS wrote:  ---Start of Excerpt--  If a booster club confers a benefit on a participant in return for  their fundraising activities, such as by crediting

2012-05-23 Nonprofit Law - Disposition of Unused Solicited Funds:

You are welcome.  Off the top of my head I know of no California case that reverses the common law that I referred to above.      Harvey Mechanic, Attorney at Law -   Harvey108@hotmail.com    P.S. This