Gross receipts for public use of club facilities $0 $0 $0 $0 Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?
Gambling losses claimed up to the number of winnings are classified as "other itemized deductions" on your Schedule A Form 1040 come tax time with the IRS. We recommend bettors keep receipts and detailed records on betting activity — one of the reasons online sportsbooks are great. They're ...
related government order or that had a requisite decline in gross receipts during the eligibility periods. The credit can be claimed only by eligible businesses and tax-exempt organizations that had employees during specific time periods. Kevin L. Pohle, CPA, PLLC...
Gross receipts from activities that are not an unrelated trade or business under section 513$0 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0 The value of services or facilities furnished by a governmental unit to the organization without charge$0...
The 509(a)(2) test requires that the organization receive more than one-third of its support from contributions from the general public and gross receipts from activities related to its tax-exempt purposes. Under the second test, nonprofits can receive only one-third of support from gross inves...
The Child Support Enforcement Unit will sometimes suspend their driver’s licenses, they can seize banks accounts, seize income tax returns, and even seize vehicles and any other property that they have. This will be done to take that property to satisfy the child support obligation. Contact a...
“Tax” or “Taxes” means (i) any federal, state, local, or non-U.S. income, gross receipts, license, payroll, employment, excise, severance, stamp, occupation, premium, windfall profits, environmental (including taxes under Code §59A), customs duties, capital stock, franchise, profits, ...