Which of the following exempt organizations are required to file an annual information return if gross receipts
Question:
Which of the following exempt organizations are required to file an annual information return if gross receipts exceed $50,000 in a year?
I. A charity
II. A labor union
III. A church
a. I, II, and III
b. I and II
c. I only
d. II only
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer b I and II The following exempt organizations are not required to file an ...View the full answer
Answered By
Sathyamoorthy Ramanathan
I have 8 years of experience in all facets of Finance and Accounts management with a record of excellence in Costing, Final Accounts, Statutory Auditing and MIS & Reporting. Currently, I am employed with TCI Sanmar Chemicals SAE, as Section Leader – Accounts, Port Said, Egypt.
I have completed my Bachelor of Commerce from Bharathidasan University and ICWAI (Accounts & Finance) from the Institute of Cost Accountants of India. My education and experience have enabled me to perform superior analytical, problem-solving skills to analyze complex situations and apply innovative solutions. I work confidently and efficiently with applications like SAP ECC 6.0& FICO, Tally 9.0 and MS Office Suite.
I have expertise in a range of accounting areas, including the following:
• Monthly, Quarterly and Other Periodic Activities
• Budget and Variance Analysis
• Reconciliation and Expense Reporting
• Accounts Payable & Accounts Receivable
• Business Accounting Process Improvements
• Month-end analysis and reconciliation
• Generally Accepted Accounting & Non-Profit Accounting Principles
0 Reviews
10+ Question Solved
Related Book For 
South-Western Federal Taxation 2018 Comprehensive
ISBN: 9781337386005
41st Edition
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
Question Posted:
