Custom Tax Service
New York, NY
Nelson Tax Accounting, Ltd
Spring Hill, FL
A client did not file a 2012 and 2013 his LLC and nor extension. Recieved a penalty. Did anyone was able to remove the penalty first time filing the LLC?
The answer to the second part of your question is --- MAYBE. The mortgage forgiveness act is only part of a long list of provisions that were allowed to expire through the inaction of our wonderful congress and which are part of three bills that are...
If the 501c(8) is donating some or all of its proceeds to exempt organizations, that amount would go on the appropriate section of the organization's 990-T (Part II Line 20) return which would remove any potential taxation from the income received....