Citigroup (NYSE:C) has been taking its turn to be the leader in the group.
Recently, questions have arisen regarding the applicability of the gift tax to contributions to 501(c)(4) organizations.
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So something must have happened to make transfers to 501(c)(4) organizations an enforcement target.
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Congress wrote the 501(c) code to provide tax-exempt status to a broad range of groups.
Citibank (NYSE: C) last week reported a 30 percent jump in lending to small business.
The Mingpao Daily also said Citigroup ( C) is planning job cuts in Asia.
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The following rally allowed one to define a longer-term flag formation (lines a and c).
As for us, we choose secret option (c): keep our business and pleasure separate.
In contrast to public charities organized as 501(c)(3)s, contributions to (c)(4)s are not tax-deductible.
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San Diego Newsroom, endured a 26-month 501(c)(3) application process with the Internal Revenue Service.
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If a 501(c)(4) organization makes a gift it is not subject to the gift tax.
The IRS had little interest in 501(c)(4) political activities until the 2002 McCain-Feingold campaign-finance reform.
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The fact that 501(c)(4) group contributors aren't subject to campaign disclosure requirements is a good thing.
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In its description of the 501(c)(4) category, the IRS lays it out pretty plainly.
S.A. 54A:5-1(c) for tax year 2008, the year in which the fraud was discovered.
This is the kind of back and forth that happens when people apply for 501(c)(4) status.
S.A. 54:49-14(c) leaves individuals without an effective remedy for the overpayment of sales tax.
When Richistan HOA was recognized as a 501(c)(4), Richistan was not a gated community.
The only significant difference was that the activity was now funded by a 501(c)(3) organization.
Under the Internal Revenue Code, a 501(c)(3) organization must be operated exclusively for exempt purposes.
As a result, the distributions do not satisfy the QDRO exception of section 72(t)(2)(C).
The tax law is relatively clear about what a (c)(4) can and cannot do.
What's the practical value of a (c)(4) designation if it doesn't generate writeoffs for its donors?
By the middle of April, SPY had formed an upward trading channel (lines b and c).
But if other people want their own 501(c)(15), they can check out www.strategicadvisors.com.
Citigroup (C) and Bank of America (BAC) also announced layoffs in the past few months.
But the hedge funds now are betting bigger on Citigroup ( C), that other worrisome bank.
Bank of America (BAC) was higher by 2.5% and Citigroup (C) was up 1.5%.
Jude Medical Inc. ( STJ), State Street Corp. ( STT) and Citigroup ( C).
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As a 501(c) (3), Embrace has also raised funds from foundations and individual donors.
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