New answers tagged

3 votes

Entity donates to a charity in exchange for my work: do I need report this to the IRS when filing for my taxes?

It is useful to separate the question of your tax obligations from any other concerns about the legitimacy of the arrangement. It seems the worst-case (for you) position that the IRS could take is ...
user avatar
  • 28.7k
4 votes

Entity donates to a charity in exchange for my work: do I need report this to the IRS when filing for my taxes?

It appears that your employer is violating some laws, and possibly you do too, with this arrangement. It allows both of you to avoid the payroll/self-employment taxes, and allows you to be able to ...
user avatar
  • 129k
6 votes

Entity donates to a charity in exchange for my work: do I need report this to the IRS when filing for my taxes?

This is going to depend on the answer to a seemingly simple question: Will you, or anyone you are connected with, benefit from the donations made? In the "normal" circumstances, where the ...
user avatar
  • 30.4k

Top 50 recent answers are included