Abby Wang recently became the treasurer of First Point Church. The church has existed for three years

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Abby Wang recently became the treasurer of First Point Church. The church has existed for three years and never has filed any documents with the IRS.
a. Identify any Federal income tax reporting responsibilities that Abby might have as church treasurer.
b. Would your answer in part (a) change if First Point Church had existed for more than 10 years? Explain.
c. Would your answer in part (a) change if First Point Church had reported some unrelated business income? Explain.

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Related Book For  answer-question

South Western Federal Taxation 2018 Corporations Partnerships Estates And Trusts

ISBN: 1389

41st Edition

Authors: William H. Hoffman, William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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