Taxpayers can claim deductions towards their annual tax bill from donations they make to recognized 501(c)(3) organizations. Qualified 501(c)(3) groups typically include nonprofit schools operating solely for literary
It’s typical for schools and Parent-Teacher Association (PTA)/Parent-Teacher Organization (PTO) to be recognized as a 501(c)(3) organization and have tax-exempt status. However, there is a common misunderstanding when
Wondering how PTAs and PTOs can make use of Form 990? Here’s the considerations for Form 990 and Parent Teacher Associations and Parent Teacher Organizations. Difference between PTA