Questions tagged [taxes]

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2
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0answers
40 views

Can the officers of a 501(c)(7) take salaries?

According to CharityWatch the Boys and Girls Club of America is a 501(c)(3) nonprofit organization, whose CEO is salaried at over $800,000.00. So clearly, it is legal for the CEOs/officers of a 501(c)(...
0
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1answer
130 views

Employer forgot to take taxes out of severance; now demanding it back or legal action. Can I just settle it with IRS?

I was laid off back in March due to COVID. My employer messed up and delayed our severance payments, so instead, they offered to cancel the original checks and send us all wire payments. When we got ...
6
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0answers
66 views

What is the furthest point from land at sea where individual U.S. state laws apply?

I wondered to myself if there was a specific point within the 12 mile US territorial sea where individual U.S. state law ends and only federal law applies. For example, could an individual/business ...
0
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3answers
97 views

Why aren't churches registered more massively?

When reading an article in the Huffington Post about how easy it is to register a church (as shown by John Oliver) I was wondering why the practice is not more widespread. The American IRS does not ...
1
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1answer
85 views

Is the new co-owner of property liable for its debt?

I co-own some rental property. My co-owner, who managed all the financials of the property (taking in rent and paying expenses) recently died. I haven't seen the deed, and his widow can't find it, but ...
8
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1answer
2k views

If I owe state taxes, can the state seize a relative's property in retaliation?

I live in the United States and I owe taxes to the state, which I'm not able to pay. I don't have a permanent residence and live with family/friends. One of my family members received a letter stating ...
1
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0answers
40 views

How do banks (in Switzerland and elsewhere) protect bank secrecy while adhering to government oversight?

Are banks in countries with strong secrecy laws (like Switzerland) letting the government see their account balances for oversight and tax compliance purposes? If so, wouldn't that defeat the purpose ...
1
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2answers
58 views

Is any software/product operated under a name a business?

If make an app and publish that I alone operate under a made up name, am I legally a business or an individual?
1
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0answers
28 views

Can a server justify a permanent establishment in a tax manner?

Let's assume I am located in Germany, but I am operating servers in some other country, for example Ireland. My fictional business is running these servers to rent them out to others (like hosting ...
0
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1answer
28 views

USA: What happens if I do not file form 990 for a nonprofit?

I have a nonprofit that I cannot liquidate because I do not have a US credit card to pay for liquidation. (I paid for another person to liqudate it for me, but Colorado Secretary of State office ...
7
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1answer
1k views

Tax Implication of COVID-19 Induced Remote Employment

A U.S. company has instructed it's employees to work from home for a period extending 4 weeks following city and state guidelines as a necessary precaution in response to COVID-19. Subsequently ...
-2
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2answers
122 views

Is a minor liable to pay old dues to his father on attaining majority?

I had some stepfathers and an equal number of fostermothers in my life. My Stepfathers used to work in customs and central excise department of the government of INDIA. They used to be transferred ...
-1
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1answer
77 views

Bonds of foreign reputed companies and Army bonds

Do the functioning of Bonds cease after the date of maturity of the bonds? In what respects Army bonds differ from Bonds of foreign companies operating in INDIA? if ...
1
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3answers
97 views

Life insurance and taxes: Does a sole beneficiary need to tell other heirs? (Utah)

Situation Updated A sibling died. There are several heirs. One heir was named the sole beneficiary of a life insurance policy, who received and deposited the check. There is no will or other ...
1
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0answers
35 views

Un-Accepted Income

In the question, Refusing income or payment without tax liabilities, the accepted answer states, Generally speaking, you can not "turn your back" on income you are entitled to receive. What ...
0
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0answers
23 views

Recourse for town lands seized by the Federal government and later remitted to a state

I am interested in the case of a town which had a large portion of its chartered land essentially seized by the US Government in the 1950s to be used for military purposes and for which only a nominal ...