Mdmotorsprt@aol.com wrote:
>
> Eric.
>
> The only tax issues I am aware of (Kentucky State laws) stipulate a
> filing if the organization's income exceeds $25,000 annually.
The same holds true for the IRS, Mike. If your region is in good
stead with the IRS (501.C.4 status,) and If your region takes in less
than $25K/year, Then you don't have to file anything. If, however,
you exceed that $25K threshold, then you have to file a Form 990 or
990T. And a copy of that is part of the paperwork required to renew
your region's national charter each year.
John (Old Fartz & TLS #37) Lieberman
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