Re: Tax implications for collecting money for community dinners | <– Date –> <– Thread –> |
From: Shari Hirst (sharihirst13gmail.com) | |
Date: Mon, 22 Jan 2018 15:28:08 -0800 (PST) |
At Sand River Co-housing we reimburse cooks for groceries with receipts. Shari Hirst > On Jan 22, 2018, at 4:19 PM, Nancy Baughman Csuti <nancycsuti [at] gmail.com> > wrote: > > When you say "reimburse the cooks", do you mean reimburse what they paid > for groceries and have receipts for, or do you mean payment above the > actual base cost? > > Thanks, > Nancy > > On Mon, Jan 22, 2018 at 1:28 PM, Susan Green <susan.mx [at] gmail.com> wrote: > >> We are a new community in Denver. When the last two units are sold, there >> will be 28 households. Up until now, we pay for each meal and the cash is >> used to reimburse the cooks. The management company that handles our HOA >> fees is not willing to do the Bookkeeping for our meals. >> 1. Do any of you know if you’re at risk for not reporting the money you >> collect as taxable income? >> 2. If you have a way to avoid a labor intensive bookkeeping system that >> won’t be risky with the IRS, please share. >> Thanks much for your help. >> Susan Green >> Aria Cohousing >> >> -- >> Susan Green >> _________________________________________________________________ >> Cohousing-L mailing list -- Unsubscribe, archives and other info at: >> http://l.cohousing.org/info >> >> >> >> > _________________________________________________________________ > Cohousing-L mailing list -- Unsubscribe, archives and other info at: > http://l.cohousing.org/info > > >
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Tax implications for collecting money for community dinners Susan Green, January 22 2018
- Re: Tax implications for collecting money for community dinners Ann Zabaldo, January 22 2018
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Re: Tax implications for collecting money for community dinners Nancy Baughman Csuti, January 22 2018
- Re: Tax implications for collecting money for community dinners Shari Hirst, January 22 2018
- Re: Tax implications for collecting money for community dinners Jude Foster, January 23 2018
- Re: Tax implications for collecting money for community dinners Bryan Syverson, January 23 2018
- Tax implications for collecting money for community dinners Grace Kim, January 24 2018
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