Hello all - I was hoping someone out there might help me. I'm in the process of performing the annual review of CTR exempt accounts and was wondering how some of my peers are …

Moreover, as part of this annual review, the bank must review the application of the suspicious activity monitoring system (required by this regulation)12 to each existing account of a Phase …

During the bank's annual review of exempt non-listed businesses, the bank discovered that Dark Secrets conducted no reportable transactions in the previous year, so the bank could no …

The DOEP filing and annual review are still required for businesses listed on a major national stock exchange ("listed businesses"), non-listed businesses, and payroll customers. …

Not all purchases made by a retail business are necessarily exempt from sales tax. For example, if a company purchases office supplies or office furniture, state law may require it to pay sales ...

TU’s Group Exemption under 501(c)(3) TU is tax-exempt under Section 501(c)(3) and holds a “group exemption:” this means that “subordinate entities” (e.g. chapters and councils) are also …

During the checkout process click the “Select Tax Exemption” button to select the registered tax-exempt business this purchase applies to. Once you continue through the checkout process …

Taxes on unrelated activities: Income from activities unrelated to the organization’s mission must be reported on a business income tax return. If the unrelated income totals $1,000 or more, …

On February 4, 2021, the business taxpayer files the annual business tax renewal and receives a small business exemption based on the total worldwide taxable/non-taxable gross receipts of …

Editor: Mary Van Leuven, J.D., LL.M. Tax practitioners are used to dealing with uncertainty when applying fuzzy qualitative thresholds such as “substantial” and “primary.” However, when it …