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I Have A Few Questions About Unrelated Business Taxable Income. Is There A Legal Setup Wherein A 501c3 Charity Can Receive The Majority Of...
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

A 501C3 can lose its tax exempt status if it has an excess of UBTI.. There are no hard and fast rules, but one organization lost its tax exempt status when between 29 and 35 percent of all revenues for consecutive...   Read More
User Photo Daniel Farmer, EA
Tax Professional Level: Tax Enthusiast

There is no state income tax in Nevada. However California could want taxes on retirement income earned while a resident of the state.   Read More
User Photo John Stancil
Tax Professional Level: Master Tax Advisor

It depends on your level of income. Any earnings that you receive from working in Mexico would be subject to income tax, just like any domestic earnings. However, if you pay Mexican income tax, you may be able to...   Read More
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User Photo Brett Thompson, JD, CPA
Tax Professional Level: Tax Enthusiast

Probably. If you live in the US you have to file a form 1040, citizen of US or not. You might qualify for the earned income exclusion but you have to fill out Form 2555. You have to grind the numbers   Read More

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