Tax ID number

[Kevin]

Originally posted by gpb1874
pscyhtau....
many orgs get a EIN so they can open a checking account without using an individual's SSN. no employees needed and that doesn't mean you have to file taxes. i don't think you have to file taxes unless you make more that $5,000 per year. most non-greek orgs don't have to worry about it.

If you think that, I'd recommend your chapter either find an alum who is a CPA or tax lawyer, or at least hire one.

If you're wrong, it's going to cost you .

[MsDGP007]

Originally Posted by Kevin

If you think that, I'd recommend your chapter either find an alum who is a CPA or tax lawyer, or at least hire one.

If you're wrong, it's going to cost you .

It depends on the state where the organization's annual report is filed. For the Feds, it's actually $25,000 in most cases.