Tax Planning: U.S.

Recent Answers

2013-06-19 Nonprofit Law - Volunteer Incentives:

It appears then that the booster organization is not an entity separate from the school district and it is not usually, then a "501(c)(3) organization".  Section 501 does not apply to state, county or

2013-06-19 Nonprofit Law - Volunteer Incentives:

I don't know what you mean by "blanket".  I am assuming that the booster organization, as a 501(c)(3) organization, must be a separate entity and it may have some contractual relationship with the school

2013-06-18 Nonprofit Law - Purpose Statement For Dissolution:

The IRS has a sample. See pages 77-80 of  IRS Publication 557 "Tax Exempt Status for Your Organization" which is available at:  http://www.irs.gov/pub/irs-pdf/p557.pdf  The first form is for a nonprofit

2013-06-18 Tax Law (Questions About Taxes) - 1099 and taxpayer identification numbers:

Dear Kristina,    You were supposed to take tax ID numbers from the contractors before you hired them. Aside from the need to deduct those expenses, you were required to do so to prevent hiring illegal

2013-06-14 Tax Law (Questions About Taxes) - Tax break on not claimed dependent?:

Stephanie,    Thanks for your question.    You can't.     In order to take the education credits, you must be able to take a dependency exemption on your taxes.    You can make a gift of the tuition to