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The presumption is that the entity was supposed to withhold employee-owed payroll taxes or customer-owed sales taxes, and set those funds aside from the general funds of the entity, and not allow those funds to be spent for any purpose except payment of the trust-fund tax. Thus, in effect, failing to pay a trust-fund tax is considered the ...
Residence trusts in the United States are used to transfer a grantor's residence out of the grantor's estate at a low gift tax value. Once the trust is funded with the grantor's residence, the residence and any future appreciation of the residence are excluded from the grantor's estate, if the grantor survives the term of the trust, as explained below.
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.
kauai.gov Kauaʻi County ( Hawaiian : Kalana o Kauaʻi ), officially known as the County of Kauaʻi , is a county in the U.S. state of Hawaiʻi . It encompasses the islands of Kauaʻi , Niʻihau , Lehua , and Kaʻula .
Feb. 27—Less than a month after an arbitrator ruled that thousands of state workers were owed COVID-19 hazard pay for their efforts during the pandemic, the County of Maui settled a grievance ...
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.
Laura Linney took Hollywood by storm long before she became the ambitious Wendy Byrde on Netflix's Ozark (for which she is nominated for a Golden Globe this year, btw). The Emmy Award-winning ...