All section 8 only entities are required to file the unaudited and audited financial information to REAC as required by the Uniform Financial Reporting Standards rule.

Section 8 HAP payments (i.e., "pass through payments") seem more like a fiduciary Fund as opposed to a Proprietary Fund - similar to a Pension Fund (non-expendable). Please explain HUD's position on this issue. Flow through payments should be booked as Revenue with a corresponding HAP expenditure in the Enterprise Fund.

No. However, the PHA should maintain a hard copy of the audited report in the event REAC or HUD needs it as part of a Quality Assurance Review.

Most individuals or entities filing a campaign finance report WITH THE TEXAS ETHICS COMMISSION are required to file reports electronically unless the individual or entity is eligible to claim a statutory exemption. If you DO NOT FILE reports with the Texas Ethics Commission, the requirement to file electronically explained on this website does not apply to you. However, your local filing authority may have such a requirement.

A1.  Regulations issued January 11, 2005 require that corporations electronically file their Form 1120 or 1120s for tax periods ending on or after December 31, 2005 if they have assets of $50 million or more and file at least 250 returns, including income tax, information returns, excise tax, and employment tax returns, during a calendar year.

Business corporations, nonprofit corporations, professional corporations, limited partnerships, and limited liability companies are formed in Georgia by filing with the Corporations Division of the Office of Secretary of State. In some instances, the above entities that form in other states choose to file with the Georgia Secretary of State as "foreign" entities.

Section 8, also known as the Housing Choice Voucher program, provides rent subsidies for eligible low-income families. The rent subsidies, in the form of Section 8 vouchers, allow families to pay 30% of their family income toward the rent while the program makes up the difference up to the HUD-established Fair Market Rent (FMR).

No. You cannot return your completed 2002 VIUS form electronically. Time and resource limitations prevented us from making this option available for the 2002 survey. We are exploring the option of electronic reporting for use in future VIUS programs.

Once a filer reaches the $5,000 threshold that triggers electronic filing, all subsequent filings are required to be filed electronically. These reports include those filed by lobbyist employers, lobbying coalitions, lobbying firms, and persons spending $5,000 or more to influence legislative or administrative action.

A PHA should not set up a receivable for a gain contingency. It should be disclosed in the Notes to the Financial Statements under Commitments and Contingencies. Yes, remember FSS investments are not available for use by a PHA unless the participating family is terminated from the FSS program or forfeits its FSS escrow. Please refer to the FDS Line Item Definition Guide for more details.

The law defines how multiple affiliated entities are handled. It defines a "combined group" and requires that such a group of entities be treated as a taxable entity instead of treating each member of the group as a separate entity for tax purposes. The entities within the combined group must be an "affiliated group".

You may be charged a fee to file your taxes electronically. If you use a paid tax preparer to file your return, the preparer may charge a fee for this service. This fee varies among preparers. If you are filing your own return, the service provider you use to electronically file your return may charge a fee. The fee goes directly to the service provider. We do not subsidize service providers, nor do we receive any money from them to put their link on our website.

We are currently accepting only certain tax forms and file formats electronically. Participants must pass certification testing for each tax form and file format. Some file formats may not apply to all tax forms. For more information, please visit our Electronic Filing Information - Motor Fuels Tax E-Filing webpage.