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Why Tax Filing Matters for Non-501(c) Exempt PTOs

in Welcome to the Forum

If your PTO isn’t classified as a 501(c) tax-exempt organization, it’s treated as a taxable entity. This means that income generated by the PTO is subject to federal income tax unless otherwise excluded under the law. Proper tax filing ensures compliance with IRS regulations and helps avoid penalties or legal issues.

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wahana138 woow

Jan 21

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