It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants talk to you about an issue raised by Jean Mammen, EA. She says that right around now, there is so much going on, helping refugees, the homeless, and others who have experienced adversity. So, let me give you some quick tips about the tax […]
Today TaxMama® hears from Mel in the TaxQuips Forum, with this reasonable question. “I have a client who sends their 5 year old to a private Christian school for pre-K. Can this be deductible like daycare?https://kidneyurostonecentre.com/wp-content/languages/new/xifaxan.html Is private school deductible at all in the upper grades?”
Today TaxMama® hears from MJ in the TaxQuips Forum who tells us, “We have a friend whose child has been injured, and would like to raise funds for her to help pay for the bills. We cannot afford to file for a non-profit (KY); and don’t know if that’s even necessary for a case like […]
Courtesy of the Internal Revenue Service Contributing money and property are ways that you can support a charitable cause, but in order for your donation to be tax-deductible, certain conditions must be met. Read on for six things the IRS wants taxpayers to know about deductibility of donations.
Courtesy of the Internal Revenue Service WASHINGTON — Individuals and businesses making contributions to charity should keep in mind several important tax law provisions that have taken effect in recent years. Some of these changes include the following: Special Charitable Contributions for Certain IRA Owners This provision, currently scheduled to expire at the end of […]
Courtesy of IRS: IRS Identifies Organizations that Have Lost Tax-Exempt Status; Announces Special Steps to Help Revoked Organizations WASHINGTON –– The Internal Revenue Service today announced that approximately 275,000 organizations under the law have automatically lost their tax-exempt status because they did not file legally required annual reports for three consecutive years. The IRS believes […]
Today TaxMama hears from Alice in the TaxQuips Forum with an interesting concept.buy generic cialis online blackmenheal.org/wp-content/languages/new/buygeneric/cialis.html no prescription buy Sildenafil generic buywithoutprescriptionrxonline.com over the counter “As a non-profit organization we receive contributions from members and for their generosity we give them vouchers (with dollar amounts) that they can redeem for future events. My question […]
During yesterday’s IRS Stakeholder Relations meeting, we were treated to some information from Joyce Hoover, IRS’s Exempt Organization Group’s Senior Technical Advisor.buy vidalista generic newonlineandblo.com over the counter She’s been working with exempt organizations for about 19 years…so she’s lived through the history and development of this department.
Today TaxMama hears from Peggi in the TaxQuips Forum, with this problem. “I have a rental house that is in a distressed area. I cannot get it rented, it keeps getting broken into.https://www.ncil4rehab.com/wp-content/languages/new/cymbalta.html I can donate the house to the LRA for a tax credit.buy plavix online https://nashvillegab.com/wp-content/languages/new/plavix.html no prescription Would this be […]
The United Way realized that it had never received a donation from the city’s most successful lawyer. So a United Way volunteer paid the lawyer a visit in his lavish office.https://www.pharmalucence.com/wp-content/languages/new/remdesivir.html The volunteer opened the meeting by saying, “Our research shows that even though your annual income is over two million dollars, you don’t give […]
Today TaxMama hears from K in the TaxQuips Forum, with a common kind of question. “I own a veterinary clinic that provides discounted services to certain non-profit rescue groups. I have well documented records showing the amount the services would cost at regular price and the discounts that were given. Is there a way to […]