Thursday, October 30, 2008

We're legal.....

Al Jean filed our newly required tax returns for the club. Just thought it was news worthy.

Beginning in 2008, USA and Puerto Rican Rotary clubs and districts with gross receipts of $25,000 or less will be required to file Form 990-N , an electronic e-Postcard report. This report is required annually starting 15 November 2008. Failure to meet the annual filing requirement for three consecutive years will result in revocation of the tax-exempt status of the club or district in question.

Way to go Al !!

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