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Safe Harbor Statement
There are over 30 million small businesses in the U. Are you familiar with the obstacles and opportunities they are facing? Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income, the higher standard deduction, and the cap on the deductibility of state and local taxes. Toggle search Toggle navigation. Breaking News. News TAX.
Safe Harbor Regulations
Schreiber, J. Other requirements in the safe harbor are: The taxpayer must maintain contemporaneous records, including time reports, logs, or similar documents, regarding the following: hours of all services performed, description of all services performed, dates on which those services were performed, and who performed the services.
The taxpayer or relevant passthrough entity must attach a statement to the tax return filed for the tax year s the safe harbor is relied upon. This must be done each year.
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Latest News. Most Read. SPONSORED REPORT Tax reform complicates year-end tax planning Get your clients ready for tax season with these year-end tax planning strategies, which address how to make the most of recent tax law changes, such as the new deduction for qualified business income, the higher standard deduction, and the cap on the deductibility of state and local taxes.
From The Tax Adviser. From CPA Insider.
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Last year, Safe Harbor served different adults who were experiencing homelessness — the vast majority used our services for a short time while getting back on their feet. Safe Harbor provides a vital safety net for people when they are most vulnerable. Dedicated to the preservation of the physical health and spiritual welfare of people experiencing homelessness, a primary goal of Safe Harbor is to offer food, shelter, and hope for guests staying in our shelter. As part of the Continuum of Care, we also focus on community partnerships in order to better collaborate on long-term solutions to ending homelessness in our region.
Vessel Pollution, COFR, Marina Insurance | Safe Harbor
Safe Harbor is a non-profit providing seasonal emergency shelter, case management and housing assistance for adults experiencing homelessness. Our organization was borne of tragedy— starting more than 10 years ago after a homeless individual fell into Kids Creek and subsequently froze to death.
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As many as 26 people per night were sheltered over the course of a month and a half. The next year, several other churches joined to form a rotating shelter network, led by a Steering Committee comprised of participating church members. Fast forward to present day, where 23 churches participate and a nightly average of 64 individuals are expected over the season spanning from November through April.
Besides providing a safe place for those who are cold and hungry, Safe Harbor provides valuable companionship and hope for individuals who desperately need it.