TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


PTA Book Sales

September 24, 2009

Today TaxMama hears from Guy in Connecticut, with this question. “Our local PTA, a 501c3, runs book fairs with a book company. We collect the receipts in full, then pay the invoice from the book company. Is the income from these activities the gross or