Archived
Want to withdraw foreign account with money made in that country to US account. Any tax implications or other potential issues?
Lindsay's answer
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Answered on November 19, 2009
I agree with Attorney Brager. In addition to an FBAR, and depending upon the size of the account you inherited, you may also have to file an IRS...
Archived
Can a non profit offer services such as painting and receive donations greater than $500, without a contractors license?
Lindsay's answer
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Answered on November 19, 2009
With respect to your potential tax issues, you should be aware that, if your organization is offering services in return for a donation, the true...
Archived
Tax on real estate for non US citizens.
Lindsay's answer
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Answered on November 18, 2009
As a non-U.S. person owning U.S. real estate, you would almost certainly be subject to taxation under the "Foreign Investment in Real Property Act"...
Archived
Can a Turkish non-profit receive fiunds from a 501(c)3?
Lindsay's answer
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Answered on November 16, 2009
First, your organization would need to form a U.S.-based entity. In your case, this entity would most likely be a New York state corporation which...
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