I'm disable. Is a labor settlement taxable ? Will it be considered employment income in California?

The general rule is that if the settlement payment is for a physical injury, then it is not taxable. If it is to replace lost wages, then it would...

If I am on disability, do I need to report this as income or is it income?

Whether disability income is taxable or not depends on the source and reason for the disability pay. You can file your tax returns to show that you...

Do all social clubs need to be register to be recognized as a social club?

You don't need to register unless you want non-profit treatment. If you don't register, you will need to make sure you set money aside for taxes...

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How long from the time it is received does the IRS has to take action on a properly filed IRS Form 6118?

The facts are a bit confusing because the form 6118 is usually what starts the process of requesting a refund for improperly applied penalties. The...

How do I address an incorrect allocation of income to me from my spouse reported on a 1040 IRS form?

You should consult a family law attorney and a good CPA to file your own tax return as married filing separately. You shouldn't be held hostage by...

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Can a 501 c 3 organization collect a fee or commission on sales of products related to its mission?

Sure. What makes it a nonprofit is that the funds go back into the organization and funds projects related to the mission instead of the pockets of...

There is no list. Just use common sense. It really isn't about the item. It's about the purpose for purchasing and holding it. Is the item one...

Divorced, who is responsible for irs debt?

Filing jointly means joint liability, regardless of who earned the money. An agreement in a divorce is not always respected or recognized as...

Tax: My mother wants to take care of the kids at our house, what taxes issues are involved?

A grandmother watching the grandchildren has no tax issues. A child gifting money to the parent is ok, so long as it stays under the exclusion...

I need assistance/direction on starting a very small non-profit.

Your question was very vague as to the type of assistance or direction you were looking for. As mentioned, requesting 501(c)(3) status is a good...