Please remember to make sure that your PTA files the necessary IRS and Attorney General filings for the fiscal year July 1, 2016, to June 30, 2017.
Filing the 990 form with IRS will protect your tax exempt status, which is not an easy task to get reinstated.
Not filing the AG filing can result in fines levied against your PTA.
CASES IN POINT:
1. The Ohio PTA Office has been notified about a PTA unit who registered with the State of Ohio AG Office and never filed consecutive years (it had been three years since their initial filing). They received an invoice from the Attorney General's office this past week in the amount of $1,000 for past fees and fines.
2. Another PTA registered for the first time this year. The AG office notified them that they need to file for the previous years missed (three years). Ohio PTA does not know whether there will be fines levied against this PTA.
What we know now, is that the Attorney General's office is tracking non-profits and their filing habits to maintain their exempt status. In both cases, the fees the PTA units would have had to file each year would have been minimal ($50/year) (Both the IRS and AG are keeping track of non-profits.)
Please connect with your treasurer to be sure that these tax-exempt requirements are followed. Once your unit files the necessary documents, please forward the receipt to soa@ohiopta.org
Please keep your Tax Exempt Status safe and be fiscally responsible on behalf of your PTA unit. Don't procrastinate, file TODAY...the tax filing deadline is next month - November 15, 2017.
Please keep your Tax Exempt Status safe and be fiscally responsible on behalf of your PTA unit. Don't procrastinate, file TODAY...the tax filing deadline is next month - November 15, 2017.
