Bura update for 7/20

Bura's not alone in sometimes thinking that "if I feel better, why still take the meds?"

Here's a thought: Could you somehow instill the notion that each time he takes his meds, he is greeting the people around the world who have his knives, or perhaps, saying "namaste" (if I've got my cultures right..or close to right) to those who wished him well during the dark times?

I'm not sure, but if he can accept the meds as a "pay-back" or even a small prayer to his friends around the world, perhaps he will be more inclined to take them regularly.

Sometimes, living is hard.



Kis
:rolleyes:
 
...and his contuning recovery, and Congratulations to Ram! I'm sure he's quite happy, and his family proud. I'm sure he will hold up his part of the bargain...

Keith
En Ferro Veritas
 
Ram goes to visit Pala from time to time and when he's there he uses the computer to send me an email and let me know what's going on in his life. Good kid with a good Dad. He tells me that Bura is taking his meds as expected and is getting pretty feisty again. He can't yell yet but he can say, "NO, NO, NOT LIKE THAT" and do a lot of hand waving.
 
Good news! I thought that it sounded like he had a stroke. I hope he makes a full recovery! I have seen people do this. I also have seen people never really recover, so will definitely continue to pray. Glad for the fund and hope it helps. Hopefully he will be back to "crack the whip" and keep everyone in line.
 
Not much. Bura is steady on his meds. Voice is slowly returning but speaks with a slur. Still can't handle himself well enough to do any physical work. Tax attorney tells me we will have to pay tax on all the contributions that came in for Bura since he's not recognized by IRS as a charity or non-profit org. No good deed goes unpunished.
 
in that the monies that came in were gifts, and not income received for value, or consideration.

And, unless some were of such size that it would wiggle IRS eyebrows, I'd imagine that the listing of each donor...or gift-giver...would obviate any consideration of the monies as gift.

Small (ish) cash gifts are not subject to taxation... unless the IRS is busting kids' birthday parties and levying taxes on Grandma's check.


Kis
:rolleyes:
 
So taxes suck. So we didn't intend for Uncle Sam to demand his payoff. How is that different than tha graft in Nepal?

Bottom line is that Bura and others are taken care of. Pala's kindness is supported. We have already received payback in knowing we've made some difference.

I remember my failures to live up to the standards I try to live by. At the same time I suspect I sometimes touch/mean more to others than I can appreciate. I tend to dismiss kindnesses on my part and give them less weight on the scales of balance than the wrongs. Be it karma or justice or love, I sure hope when my life is weighed whomever does it has a heavy thumb on the good side of the scales.

It's been a privilege to be allowed to help another. Whether part of it goes to taxes or not.
 
We listen to the tax attorney. He is very good at what he does and that's why we pay him -- to keep us out of trouble.
 
Glad to hear that Bura is improving, I was worried, strokes are nothing to mess with. Sorry to hear about the tax thing, if more help is needed to offset what has to be paid please advise.
It sucks that a charitable organization that spends half of its money on administration and lawyers can get a break but an individual or small group pays thru the nose. Oh well, nobody ever said life was fair.
 
Originally posted by Kismet
in that the monies that came in were gifts, and not income received for value, or consideration..........
Kis
:rolleyes:
Click to expand...

Unnca
I agree with Kis and respectfully disagree with your tax attorney. IIRC, a person is allowed to give up to $10,000 to an INDIVIDUAL per year and avoid gift taxes. In that the money was a gift to you, no value was received, the funds should not be treated as income subject to tax.

If I were in your shoes, I'd get another opinion before I handed over anything to the gawddamed guvmint. :barf:

Semp --
 
The problem is most of the gifts came in as bogus sales. A sale on the shopping site and perhaps an email or a phone call alerting me that it was not a bonafide sale but contribution for Bura. Tax man says we probably couldn't get that by an audit. And, when I wired the money to Pala it went along with regular payment so I can't pull out what was Bura's and what was for khukuris since it was all lumped together. Yangdu called Pala and told him how much was Bura's and how much was for khukuris. I've been through a couple of audits before and when it's my word against the IRS I always lose.

The fault is mine. I was in a semi panic mode and didn't set it up right. I should have put a Bura Fund item on the shopping site and kept the funds separate when I wired them to Pala.
 
IMHO, the tax guy has it right.

It is not a matter of the idea, it is what's on paper at the end of the day and if there's a paper trail, the IRS will nab you.
 
Pen has nailed it...

Your are assumed to owe maximum conceivable tax, and it is your obligation to prove otherwise on paper, in the exact manner the IRS stipulates. Otherwise, you're S.O.L. For example, if you sell anything, but can't prove what you paid for it, they want you to pay tax on the full payment received. In this case they assume that you paid nothing for the item sold. And they are right, if you don't have the piece of paper. It sucks.

Wonder how many $ are spent on the complex system we've got as opposed to how much is collected?
 
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