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When a tax exempt entity shuts down, its assets MUST be given to other tax exempt entities, charities, depending on state law. They don't have to be churches, j...
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Research "disallowed passive losses" and "sale of passive activity" before you hire a tax advisor.
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Is it a MISC or an NEC? MISC goes on Other Income, not Sch C.
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I had a client whose child went to a special needs college, and all or most of the tuition was deductible medical expense. The college included a letter and mem...
