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A trust-fund tax is a type of tax or debt where (absent a personal guarantee) the management or responsible employees of a corporation or other entity with limited liability can be held personally liable for its non-payment. Trust-fund taxes include fuel taxes, sales taxes, excise taxes, and certain payroll taxes.
The assets are typically held in the form of a trust, a legal instrument that spells out who the beneficiaries are and what the money can be spent for. A trustee will manage investments, keep records, manage assets, prepare court accounting, pay bills (depending on the nature of the trust), medical expenses, charitable gifts, inheritances or ...
In 1893, pro-American elements in Hawaii overthrew the monarchy and formed the Republic of Hawaii, which the U.S. annexed in 1898. [6] In 1921, in order to make amends for injustices associated with the overthrow and annexation, the US created the Hawaiian Homes Commissions Act which set aside 200,000 acres of land for the use of homelands for Native Hawaiians of 50% blood quantum or more.
Get unlimited access From as low as $12.95 /mo. Residents at an apartment complex in Kapaa, Kauai, are rallying to fight the state Department of Hawaiian Home Lands' proposed acquisition of their ...
Feb. 1—Gov. Josh Green and the state Legislature will have to figure out how to pay for an estimated $120 million to $150 million in retroactive hazard pay due to 7,800 unionized public workers ...
Kauai County United Public Workers members have voted to accept 15 % of their base hourly pay for all the hours worked during the COVID-19 pandemic, the union announced Monday. Friday’s ...
The U.S. Trustee's office conducts the first meeting of creditors in a Chapter 11 case. Most Chapter 11's do not require the appointment of a trustee: however, in those cases which do, the U.S. Trustee oversees the appointed trustee's handling of the case and, for good cause, can seek the removal or replacement of the trustee.
Filing taxes under the status of “married filing separately” for tax year 2020 — i.e., the return you’re filing in 2021 — is largely unchanged from the 2019 tax year. If the IRS hands ...