| Social Welfare Organizations |
| An organization that operates only to promote social welfare may qualify for tax-exempt status under Internal Revenue Code Section 501(c)(4). The organization must be operated exclusively to promote social welfare, which means that it must work primarily to further the common good and general welfare of the community, such as by bringing about civic betterment and social improvements. No part of the organization's net earnings may benefit any private shareholder or individual, and if the organization provides an excess benefit to certain persons, the Internal Revenue Service may impose an excise tax on the group. More... |
| Civil Damages for Collection Actions |
| What if you feel that an Internal Revenue Service employee intentionally disregarded the law in collection procedures against you? Do you have any recourse against the government? Surprisingly, depending on the facts of your case, the answer just might be yes.More... |
| New Tax Breaks for Military Personnel and Their Families |
| In response to the wars in Afghanistan and Iraq, Congress enacted the Military Family Tax Relief Act of 2003 to provide certain tax breaks for military personnel and their families. These new provisions exclude certain benefits and gains from income, thereby reducing tax liability.More... |
| Taxation of the Recipient of a Gift |
| Generally, you do not include property that you received as a gift in your income for federal income tax purposes. However, if the property you received generates income such as rents, income, or dividends, that income (not the underlying property itself) is taxable to you.More... |
| Public Disclosure Requirements for Exempt Organizations |
| Tax-exempt organizations other than private foundations are now required to provide copies of certain tax documents to anyone who requests them. If the request is made in person, the organization is usually obligated to provide a copy immediately, and if the request is written, the exempt organization has 30 days to comply. These requirements are in addition to the exempt organization's obligation to make their tax documents available for public inspection.More... |
The determination of the need for legal services and the choice of a lawyer are extremely important decisions and should not be based solely upon advertisements, certification, specialization or self-proclaimed expertise. Certifications of specialization are available to Tennessee lawyers in all areas of practice relating to or included in the areas of Civil Trial, Criminal Trial, Business Bankruptcy, Consumer Bankruptcy, Creditor's Rights, Medical Malpractice, Legal Malpractice, Accounting Malpractice, Elder Law, Estate Planning and Family Law. Listing of related or included practice areas herein does not constitute or imply representation of certification of specialization. These disclosures are required by the Supreme Court of Tennessee.