Taxation in the United States

The CAPTRUST Community Foundation Announces 2021 Charity of Choice

Retrieved on: 
Wednesday, June 16, 2021
Charity law, Taxation in the United States, 501(c) organization, Payroll, 501(c)(3) organization

RALEIGH, N.C., June 16, 2021 /PRNewswire/ -- The CAPTRUST Community Foundation (CCF), an employee-run 501(c)(3), today announced the organization's 2021 Charity of Choice: Note in the Pocket .

Key Points: 
  • RALEIGH, N.C., June 16, 2021 /PRNewswire/ -- The CAPTRUST Community Foundation (CCF), an employee-run 501(c)(3), today announced the organization's 2021 Charity of Choice: Note in the Pocket .
  • The CCF is a volunteer organization run by CAPTRUST employees and sources fundraising primarily through employee payroll deductions that are matched by CAPTRUST.
  • "We are thrilled to have been selected as the CAPTRUST Community Foundation's 2021 Charity of Choice," says Dallas Bonavita, executive director at Note in the Pocket.
  • The CAPTRUST Community Foundation was organized in 2007 to provide CAPTRUST employees with opportunities to participate as a group in community outreach efforts.

Voya Global Advantage and Premium Opportunity Fund & Voya Infrastructure, Industrials and Materials Fund Declare Quarterly Distributions

Retrieved on: 
Tuesday, June 15, 2021
Consulting, Banking, Professional services, Finance, Money, Finance, Economy, Form, Income tax in the United States, Tax, Rate of return, Income tax, Taxation in the United States, IRS tax forms

A return of capital distribution does not necessarily reflect each Funds investment performance and should not be confused with yield or income.

Key Points: 
  • A return of capital distribution does not necessarily reflect each Funds investment performance and should not be confused with yield or income.
  • The amounts and sources of distributions reported in this Section 19(a) Notice are only estimates and are not being provided for tax reporting purposes.
  • Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • Neither the Fund nor Voya Investment Management undertake any responsibility to update publicly or revise any forward-looking statement.

GRASS™ Opportunity Zone Fund Now Open to Investors of All Levels Offers Many Tax Benefits

Retrieved on: 
Tuesday, June 15, 2021
Technology, Finance, Venture capital, Public relations, Investor relations, Air, Transport, Banking, Communications, Professional services, Software, Tax, Taxation in the United States, Opportunity zone, Presidency of Donald Trump, United States tax law, Internal Revenue Service

While most Opportunity Zone and other tax-deferred investments are reserved for the very wealthy, GRASS is open to investors of all income and experience levels, and is the first-to-market RegA+ opportunity zone fund.

Key Points: 
  • While most Opportunity Zone and other tax-deferred investments are reserved for the very wealthy, GRASS is open to investors of all income and experience levels, and is the first-to-market RegA+ opportunity zone fund.
  • GRASS offers major tax benefits to investors of all levels because it is both a Qualified Opportunity Zone Fund (QOZF) as well as an IRS designated Qualified Small Business Stock (QSBS).
  • GA Hangers offers new construction of advanced aircraft hangars adjacent to SAMSARG military (Department of Defense compliant) facilities within the Opportunity Zone.
  • GRASS is a diversified high-growth opportunity zone fund focused on aviation and compliance-SaaS.

GUARDaHEART Foundation Presents "Unmasked Heart Disease" Featuring DIABETESpredict™ on June 19 in Newport Beach, California

Retrieved on: 
Tuesday, June 15, 2021
Medical terminology, Medicine, Health sciences, Articles, 501(c) organization, Charity law, Taxation in the United States, Preventive healthcare, Disease

GUARDaHEART's work to promote heart disease awareness, detection, and prevention is crucial now more than ever.

Key Points: 
  • GUARDaHEART's work to promote heart disease awareness, detection, and prevention is crucial now more than ever.
  • The community event takes place on Saturday, June 19, 2021 from 5-10 p.m. at a private location in Newport Beach.
  • Based on test data, DIABETESpredict offers personalized recommendations based on a patient's genetic profile.
  • GUARDaHEART Foundation is a 501(c)(3) non-profit that provides education to communities, corporations, Native American organizations, unions, and individuals to promote heart disease awareness, detection, and prevention.

From the Tax Law Offices of David W. Klasing - Negligence and "Degrees" (Categories) of Tax Evasion Explained

Retrieved on: 
Tuesday, June 15, 2021
Taxation in the United States, Tax, Tax evasion, Internal Revenue Service, Tax protester

If you are concerned that you might be facing tax evasion or fraud charges from the IRS, you will need the advice of skilled criminal tax defense counsel.The experienced Tax Attorneys and CPAs at The Tax Law Offices of David W. Klasing can break down your situation and put your mind at ease.

Key Points: 
  • If you are concerned that you might be facing tax evasion or fraud charges from the IRS, you will need the advice of skilled criminal tax defense counsel.The experienced Tax Attorneys and CPAs at The Tax Law Offices of David W. Klasing can break down your situation and put your mind at ease.
  • Negligence requires that the taxpayer has made a careless mistake.There is no intent requirement for negligence in tax evasion.
  • In contrast, the criminal tax fraud statutes require that the government prove their arguments "beyond a reasonable doubt.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/from-the-tax-law-offices-of-davi...
    SOURCE Tax Law Offices of David W. Klasing, PC

CED Issues Statement on Bipartisan Efforts to Achieve Agreement on Infrastructure Investment

Retrieved on: 
Monday, June 14, 2021
Charity law, Taxation in the United States, Articles, Committee for Economic Development, Government debt, Nonpartisanism in the United States, 501(h) election, 501(c)(3) organization, 501(c) organization, Nonpartisanism, Organizations, Government

Long-term financing requires bipartisan support, and any increase in spending must be fully paid for to prevent any further accumulation of already excessive public debt.

Key Points: 
  • Long-term financing requires bipartisan support, and any increase in spending must be fully paid for to prevent any further accumulation of already excessive public debt.
  • The Committee for Economic Development of The Conference Board (CED) is the nonprofit, nonpartisan, business-led public policy center that delivers well-researched analysis and reasoned solutions in the nation's interest.
  • CEDTrustees are chief executive officers and key executives of leading US companies who bring their unique experience to address today's pressing policy issues.
  • Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.

Optima Tax Relief Partners with VITA to Provide Free Tax Filing Assistance

Retrieved on: 
Saturday, June 12, 2021
Taxation in the United States, Tax, Internal Revenue Service, Tax preparation in the United States

SANTA ANA, Calif., June 11, 2021 /PRNewswire-PRWeb/ --This year, Optima Tax Relief teamed up with the United Way and the IRS to provide assistance to low-income residents and other members of their surrounding community with free tax preparation services .

Key Points: 
  • SANTA ANA, Calif., June 11, 2021 /PRNewswire-PRWeb/ --This year, Optima Tax Relief teamed up with the United Way and the IRS to provide assistance to low-income residents and other members of their surrounding community with free tax preparation services .
  • By partnering with the IRS, the VITA program is able to offer reliable, trustworthy tax filing services for free.
  • Optima Tax Preparer Manager and VITA program participant Anne Tran said she would do the program again in the future if given the opportunity.
  • Optima Tax Relief is the nation's leading tax resolution firm providing assistance to individuals and businesses struggling with unmanageable IRS and state tax debts.

American Water Charitable Foundation Announces 2021 Keep Communities Flowing Grant Award Recipients

Retrieved on: 
Thursday, June 10, 2021
Environment, Finance, Utilities, Banking, Professional services, Philanthropy, Energy, Other Philanthropy, Foundation, Charity law, Taxation in the United States, Foundation, Philanthropy in the United States, 501(c) organization, American Water Works

The American Water Charitable Foundation , a 501(c)(3) nonprofit organization created by American Water , the nations largest publicly traded water and wastewater utility company, today announced the recipients of the 2021 Keep Communities Flowing grant program awards.

Key Points: 
  • The American Water Charitable Foundation , a 501(c)(3) nonprofit organization created by American Water , the nations largest publicly traded water and wastewater utility company, today announced the recipients of the 2021 Keep Communities Flowing grant program awards.
  • The American Water Charitable Foundation is proud to support communities served by American Water through the Keep Communities Flowing grant program, said Carrie Williams, president of the American Water Charitable Foundation.
  • During the last three years, the Keep Communities Flowing grant program has funded 32 projects totaling $456,000 in communities served by American Water.
  • For more information about the Keep Communities Flowing grant program, contact the American Water Charitable Foundation at [email protected] .

WeGetFinancing to Provide 100% approval for Instant Credit and Deferred Payment Options to IRS Logics Customer Relationship Management (CRM) participating Tax Resolution Firms' customers

Retrieved on: 
Thursday, June 10, 2021
Payment systems, Tax, Money, Taxation in the United States, Payments, Credit card, Internal Revenue Service, Alternative payments, Credit

"WeGetFinancing gives us another way for our merchants' customers to pay," said Rob Pugh, IRS Logics' Chief Executive Officer.

Key Points: 
  • "WeGetFinancing gives us another way for our merchants' customers to pay," said Rob Pugh, IRS Logics' Chief Executive Officer.
  • He added, "WeGetFinancing was an attractive choice for IRS Logics in delivering an alternative payment solution to credit cards to our customers.
  • With over 3,000 active Tax Resolution Merchants, IRS Logics understands their customers' need for instant credit and deferred billing options, especially in an economic environment where credit grantors are slashing credit limits to lower FICO score applicants and raising fees."
  • IRS Logics ( www.irslogics.com )is a premier CRM all-encompassing software solution to Tax Resolution businesses throughout the United States since 2001.

CorMedix Inc. Completes Sale of $1.3 Million of NOL Tax Benefits Through The New Jersey Economic Development Authority Program

Retrieved on: 
Thursday, June 10, 2021
Internal Revenue Code, Net operating loss, Taxation in the United States, Parenteral nutrition, Catheter, Tax

As a result, the Company has received approximately $1.3 million in cash proceeds from the sale of these NOL tax benefits.

Key Points: 
  • As a result, the Company has received approximately $1.3 million in cash proceeds from the sale of these NOL tax benefits.
  • The New Jersey Technology Business Tax Certificate Transfer (NOL) program enables qualified, unprofitable NJ-based technology or biotechnology companied with fewer than 225 U.S. employees to sell a percentage of net operating losses and research and development (R&D) tax credits to unrelated profitable corporations.
  • CorMedix is one of 49 early-stage companies to share in approximately $54.5 million of tax credit transfers approved by NJEDA for the 2020 period.
  • CorMedix also intends to develop DefenCath as a catheter lock solution for use in oncology and total parenteral nutrition patients.