Federal Tax

Tax status of networking group

  • 1.  Tax status of networking group

    Posted 09-21-2015 06:51 PM

    Hi all,

    I'm in a local networking group with about 50 other people.  The group collects annual dues which is used primarily to pay the  rent for a room we use at a hotel every week, and other administrative costs.  Are we a non-profit organization with a filing requirement?

    Any advice is appreciated.

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    Daniel Levine
    CPA
    DANIEL LEVINE, CPA PC
    Scottsdale AZ
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