Tax Liability
I do not know how to what to do. I starting working on starting a nonprofit about a year ago. We obtained a fiscal sponsor to allow us to accept a grant to produce a video and start a website. The fiscal sponsor told us to pay the contractors directly. So I would send the fiscal sponsor an invoice, receive the money, then paid the contractors (including myself). The problem is the fiscal sponsor's accountant says they should have paid the contractors directly, not me. Now I'm worried. Will I have to pay taxes on the pass through funds? Also, since I "paid myself" using the pass through funds account, will I have to pay taxes twice for money paid to myself?
This Question Has Not Yet Been Answered.
