If we have a wedding at a non-profit location, is the rental fee tax deductible?
No, payments to non-profits are not deductible if you receive services of equal value in return.
Oxnard, CA
Trusts Lawyer at Oxnard, CA
Practice Areas: Tax, Estate Planning ... +3 more
No, payments to non-profits are not deductible if you receive services of equal value in return.
If you are a U.S. citizen or resident, which sounds likely, you are liable for U.S. taxes on your worldwide income. In the U.S., you will only be...
Based on the details you've provided, it sounds like she took approximately $5,000. This seems like an unreasonable fee given the size of the...
Out-of-state property is generally taxable in both the state it is located and the state of residence of the seller. The state of residence will...
You can likely appeal the property tax valuation to the county board of equalization.
Additionally, you may be able to avoid reassessment since the house is passing from parent to child. You should consult a tax attorney when...
Are you divorced? If so, this may be covered in your divorce agreement. If not, it generally depends on who the child spends the most time with.
A tax attorney may be able to help you reduce your assessment. Generally they will do so on a contingency basis, collecting 20-33% of the tax savings.
Are you a full-time employee or an independent contractor. If you are an employee then you should generally be issued a W-2, not a 1099. The...
Yes, you must report all income. Report in on Schedule C.