I have a new client and they filed an 1120 for year 2014. I am due to file their 2016 and 2017 tax return. 2015 is pending verification. Should they be filing F 990-EZ if they are a non-profit, have less than $100,000 in income and less than $250,000 in assets? Their 2014 return has a NOL carryover.
-
-
Is this the same non-profit that is hiding income from your other post?Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR -
yes
yes it is the sameComment
-
Another huge red flag.
How many do you need?"The only function of economic forecasting is to make astrology look respectful" - John Kenneth GalbraithComment
-
So they have filed for not-for-profit status by now and received approval? It has been three years - what are the 501(c)(3) or some other. that may quickly tell you where you are at or not with them as a client.Comment
Comment