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Recent Tax Exemption questions

This question is JACUSTOMER-lt2jm5su- What is the non-exempt

This question is for only JACUSTOMER-lt2jm5su- What is the non-exempt status that is violated when a IRS IRC 501 C ( 3 ) Charity is a member of a LLC that has not qualified for tax exemption as a charitable organization its self ?

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I own a medical supply business. I just received an

I own a medical supply business. I just received an "urgent" email from one of our large medical suppliers stating that they were contacted by the Minnesota Department of Revenue (te state in which I do business) asking for a current Tax Exception form for my business. We of course sent that Form to them immediately. I suppose my question is an obvious one; Should I be preparing myself for an audit? I will add that I always pay my taxes, and previously, have never been audited. This request seemed odd to me, and I have never received a request like this, in the 10 years we've been in business.

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Dwayne B.

Juris Doctor

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I own a house in Idaho, I currently work and live in

I own a house in Idaho, I currently work and live in CaliforniaCan I register my Vehicle in Idaho with my Idaho address.

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Samuel II

Attorney

Doctoral Degree

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I'm currently looking to split up ownership of my business

I'm currently looking to split up ownership of my business to my two sons. How would i go about doing that? I live in California and don't know if every state has their own way of doing it.

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Richard - Bizlaw

Juris Doctor

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We have a small non profit which is part of a very large non

We have a small non profit which is part of a very large non profit. The problem is that potential funders are turned off by the large endowment of the larger non profit. Is there a way to create a sub-501C3 which is separate for purposes of fundraising?JA: When it comes to nonprofits, the ins and outs can be complex, so getting accurate information is key. The attorneys we work with have a lot of experience, and I'd like to match you with the one who's the best fit. Have you consulted a lawyer yet?Customer: I am a lawyer, but business law is not my expertise.JA: Is there anything else the Corporate Lawyer should be aware of?Customer: Not that I can think of.JA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Corporate Lawyer about your situation and then connect you two.

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Irwin Law

Juris Doctor JD

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We arent closing our church but we felt we should prepare for

we arent closing our church but we felt we should prepare for the future. We are an independent Baptist church. How do we prepare something that gives our building and assets to a church we choose that is like faith an rder like us? Its in our business minutes, the motion, vote and appoval for our assets t go to this church we have chosenJA: Real Estate issues can be tricky and expensive. The Lawyer will need to help you with this. Have you consulted a lawyer yet?Customer: noJA: Is there anything else the Lawyer should be aware of?Customer: we have no debt. our church is paid for. about $50,000 in the bank acctJA: OK. Got it. I'm sending you to a secure page on JustAnswer so you can place the $5 fully-refundable deposit now. While you're filling out that form, I'll tell the Lawyer about your situation and then connect you two.

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Irwin Law

Juris Doctor JD

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I'm Sheree. I am filling out form NYS 1551-f new

Hi--I'm Sheree. I am filling out form NYS 1551-f for a new non-profit. Two questions: (1) this form doesn't require me to declare which type of corporation we will be. Is that going to be a problem? (2) For purposes of the Tax Exempt language, I don't know whether this description is appropriate : "....the corporation is organized exclusively for religious, charitable, educational and literary purposes purposes within the meaning of section 501(c)(3) of the Internal Revenue Code or corresponding section..." This is our mission: " The mission of CROWNED is to build community and enrich the lives of women and girls by providing caring and quality services to meet their social, health, educational, and developmental needs; through leadership, empowerment, and strategic partnerships." Can you please advise?JA: Thanks. Can you give me any more details about your issue?Customer: What else would be helpful?JA: OK got it. Last thing — Business Lawyers generally expect a deposit of about $18 to help with your type of question (you only pay if satisfied). Now I'm going to take you to a page to place a secure deposit with JustAnswer. Don't worry, this chat is saved. After that, we will finish helping you.

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

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I have a wholes sale clothing business and need to ask my

I have a wholes sale clothing business and need to ask my customers(retailers) to provide me their state sales tax license# ***** tax exempt/resale form. the exempt/resale form are different from each states and if so, how do I get all of them so I can give to our customers to fill them out and give to us?

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MDLaw

Attorney

Post-Doctoral Degree

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We are a wholesale business sells caps to retailers. I heard

We are a wholesale business sells caps to retailers. I heard we are supposed to make the retailers to provide us both the state sales license# ***** tax exemption/resale forms. What happens if we don't ask for those two? Any legal trouble?

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Richard - Bizlaw

Juris Doctor

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