said:
>I was just so horrified when I first heard such a news that SCOUG has
>assumed its tax status all this time.
At one time, the IRS had told us they expected to shortly issue our tax
status - that's what we were told. Then our records disappeared....
That was well over a year ago, though.
>If I may input, my first priority would be to EXHAUST all of SCOUG's
>fund in paying IRS back taxes and penalties immediately before even plan
>out anything else.
All things being equal, that might be the best course of action to follow.
However, when you get you 501(c)(3) status, the IRS can issue it
retroactive. If that were to happen to us, it would solve a number of
problems and lots of money, too.
--
- Mark
-----------------------------------------------------------
marka@relaypoint.net
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2001 ]
The Southern California OS/2 User Group
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