Blog, News, & Events

Archive for November, 2019

Obtaining Copies of Exemption Determination Letter from IRS

Do you have questions about the exemption of your church or nonprofit organization? Wondering if your organization’s exemption is still valid? Have you lost (or can no longer find 😊) your federal income tax exemption determination letter? Have you been able to confirm that your organization is, in fact, exempt from income tax but need […]

Continue Reading →

Posted in: News

Leave a Comment (0) →

Sales and Use Tax: Corporation’s Officer Personally Liable for Its Unpaid Tax

A corporation’s officer was personally liable for the unpaid California sales tax owed when the corporation ceased business because the taxpayer was responsible for tax compliance during the liability period. Under California law, (R&TC Section 6829) a corporation’s officer can be held personally liable for the corporation’s sales tax if: the corporation’s business is terminated; […]

Continue Reading →

Posted in: News

Leave a Comment (0) →

Court of Appeals Affirms IRS Tax Court Denial of Charitable Contribution Deductions to Married

The Court of Appeals affirmed the Tax Court’s findings in a case where a married couple was denied deductions for charitable contributions of their residence, certain land improvement expenses and a tractor/mower made to a nonprofit religious organization. The Court of Appeals recently affirmed the Tax Court’s disallowance of the land-improvement expense deduction on the […]

Continue Reading →

Posted in: News

Leave a Comment (0) →
Page 1 of 2 12