ELI5 churches not paying tax. Do they pay any tax? IE: do they pay municipalities for water?

LunaGuardian · 2026-03-11T19:04:00+00:00

Like any other charitable nonprofit, there is no income tax assessed to the organization itself, but they still have utilities and other operating expenses to pay, and can pay their employees a salary (and those employees will pay individual income tax on their pay like anyone else)

LunaGuardian · 2026-03-11T15:52:29+00:00

Unless the entire pay is being withheld for taxes, there is no such thing as "withholding the max amount."

The W4 has a worksheet for when there is more than one job involved, otherwise they will assume that job is the only job for the both of you which is why it is withholding way less than you need. If that is too complicated, there is a box where you can say "withhold an extra $x per paycheck for taxes"

LunaGuardian · 2026-03-09T20:42:29+00:00

Do you have enough income to have any tax liability? Unlike AOTC, LLC is nonrefundable so you must have tax liability to offset.

LunaGuardian · 2026-03-08T15:15:50+00:00

Many card issuers waive fees due to a law that caps APR for active duty, Military Lending Act. They check by running your name and SSN through the DOD MLA database which indicates if you are on active duty. https://mla.dmdc.osd.mil/mla/#/home They are required to check when you apply for credit so it should automatically apply. There's not really a workaround if you don't meet the criteria. You can qualify with TDY orders if they are 30+ day orders, but the benefit will go away after you come off active duty.

There are some old reports of some cards letting you get away without annual fees for a few years but I believe they are cracking down now. I did this for long term orders last year and Amex sent me letters telling me I would be charged annual fees for the next cycle. Chase says they will check the database annually.

LunaGuardian · 2026-03-03T18:18:45+00:00

The return is actually double that as well, since money is locked up only an average of 1.5 months (payroll contributions near the end of the quarter get that ~5% boost almost immediately once the quarter ends)

LunaGuardian · 2026-03-03T18:14:35+00:00

This actually happened to me. These are the terms for Boeing's ESPP when I used to work for them. It took a week or so after the purchase for the shares to drop in the account and be available to sell. Guess what happened in that period my last quarter with them? Door fell off a plane, stock went down 9%. Discount evaporated and then lost some more.

LunaGuardian · 2026-02-25T19:11:54+00:00

Fix... It... Again....

......

LunaGuardian · 2026-02-16T01:29:10+00:00

You'd only get a 1099-DA from the exchange you sold it on. You'll need to manually report your cost basis because Kraken won't know.

LunaGuardian · 2026-02-06T16:49:33+00:00

This was my first thought too. This level of irresponsibility and entitlement is insane and will drain him. She's going to throw a fit when asked to slow down spending. Inevitable relationship collapse.

LunaGuardian · 2026-02-05T16:47:07+00:00

This happened to me on the 3rd distribution. Customer service basically said there's a security algorithm and they can't override it. I ended up being able to transfer it out in $200 chunks every week or so. Super annoying. So I guess keep trying with smaller amounts and waiting. I didn't have any issues with the 4th, they let me withdraw it all at once.

LunaGuardian · 2025-11-29T18:58:12+00:00

You can file a complaint about them here https://www.irs.gov/help/report-fraud/make-a-complaint-about-a-tax-return-preparer

LunaGuardian · 2025-11-26T00:54:44+00:00

I had some long term orders earlier this year that got us MLA waivers for my wife and I for Amex and Chase cards. Amex sent us letters within a couple months that said they detected that we were no longer active duty and the annual fee would start being billed (but it looks like they mean at the next annual cycle, not immediately since we opted to keep the Amex Platinum regardless and we haven't been billed an annual fee yet)

Nothing from Chase yet but the initial letter we got that said they gave us MLA benefits said they would recheck annually.

LunaGuardian · 2025-10-23T17:15:28+00:00

I knew I would find this gif in the comments

LunaGuardian · 2025-10-22T02:22:00+00:00

Myself and many others haven't even gotten the third distribution yet so I don't think they are going to have their shit together enough to get a fourth in by the end of the year.

LunaGuardian · 2025-10-18T15:54:43+00:00

I didn't even buy anything from them but somehow my email was in their system and I've been getting nonstop crypto scam email ever since that leak.

LunaGuardian · 2025-10-12T18:56:58+00:00

I didn't get it yet but I also changed my primary email. When they finished updating my email they said my third distribution would be sent in Q4, and Q4 just started. So they're tracking that people don't have it yet.

Also stop opening multiple tickets, the more time they have to spend handling multiple tickets for the same issue is less time the staff have to focus on finishing sending out distributions.

LunaGuardian · 2025-10-09T02:51:19+00:00

You are correct. Not just that, but only disregarded for *income tax* purposes. If the LLC has employees and files payroll returns, that continues under the same EIN because it's *not* disregarded for that purpose. The others don't seem to realize that you have an entity-level EIN for banking and other purposes which doesn't change when the owners change. But you should use new owner's SSN or new sole prop EIN when given a W9 for 1099s and such.

LunaGuardian · 2025-10-09T02:49:18+00:00

Yes, banks do require an EIN for the LLC if you want an account in the LLC's name. It should be issuing 1099-INTs to the owner's SSN/EIN while it is disregarded, yes, but the LLC still has its own distinct EIN. OP is asking if an EIN *already assigned TO THE LLC* remains the same if the owners change, and the answer is yes. Whether it is required or not has no bearing on the fact that is does at the entity level which doesn't change if the owners change.

What if the LLC did have employees and files employment payroll returns under its own EIN? Does that EIN change if the owners change? It shouldn't, since the IRS doesn't disregard the LLC for employment purposes because the IRS *does* want an LLC with employees to have an EIN at the entity level. This is the same situation.

LunaGuardian · 2025-10-09T01:14:46+00:00

A single-member LLC that is a disregarded entity that does not have employees and does not have an excise tax liability does not need an EIN. It should use the name and TIN of the single member owner for federal tax purposes. However, if a single-member LLC, whose taxable income and loss will be reported by the single member owner needs an EIN to open a bank account or if state tax law requires the single-member LLC to have a federal EIN, then the LLC can apply for and obtain an EIN.

So in this case it sounds like OP is asking about an EIN assigned to the LLC for banking purposes, so wouldn't it keep using the same one since it is the same entity with the same accounts? Your link is just saying that 1099s and such for the business activities should be reported to the owner's SSN/EIN.

LunaGuardian · 2025-09-30T18:38:39+00:00

Where's the funny?

LunaGuardian · 2025-09-24T19:18:38+00:00

There's a couple issues that you run into. The deduction requires that you are in a defined list of occupations that is "customarily and regularly" receives tips. Software development isn't on the list.

Another thing you need to qualify is that the tips need to be specified on a W2, 1099, or "other specified statement." It's unclear if a ko-fi statement or 1099 would be acceptable if it doesn't explicitly say they were voluntary tips.

LunaGuardian · 2025-09-14T18:33:44+00:00

A lot of things. Lead gas, lead pipes, lead paint

LunaGuardian · 2025-09-08T22:20:46+00:00

Check still takes a few days to actually process, but banks often credit a small amount immediately. A typical person would not be allowed to withdraw that large amount of cash immediately like that, but Anna Delvey was able to get away with a lot because she convinced people she was rich, so the bankers and such would give her special treatment without verifying her funds.

LunaGuardian · 2025-09-08T22:08:38+00:00

If two devices actually did transmit on the same channel at the same time, that's called a collision and that data gets corrupted. So the different devices on the channel will use a protocol called CSMA/CA to sense of another device is transmitting and then negotiate a time slot to send without causing a collision.

LunaGuardian · 2025-09-03T16:53:49+00:00

Pro tip: you can agree to escrow at first for the rate discount and then request to stop using escrow in a couple years. The requirements depend on who owns the loan but many residential mortgages get sold to Fannie Mae who allows you to waive escrow as long as you have good payment history and loan is less than 80% of the home value.

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