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Jim Henderson wrote:
> See, it was my understanding that a sole proprietorship had to file the
> same type of paperwork on its finances to the IRS, including salary stuff
> and so on.
A sole proprietorship doesn't have salaries. It's just one person.
> See, that's not what my understanding was. My understanding was (is)
> that the state certifies the organization as tax-exempt and passes the
> information along to the IRS.
That's possible. http://en.wikipedia.org/wiki/501(c)#Obtaining_status
Depends on what kinds of things you're doing.
--
Darren New, San Diego CA, USA (PST)
There's no CD like OCD, there's no CD I knoooow!
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