Hi all,
A question for bookkeepers / treasurers:
Are you a nonprofit group registered as such with state, filing the
appropriate regular tax returns with the state?
We (Queen City Contras, in Burlington, Vermont) receive a nice corporate
donation every year, partly because we are a 501c3 with IRS, through CDSS. But
we have not registered with the state.
Here is the problem: Our bank has stopped accepting checks payable to our dance
group, because regulations require that we have a business account, using a
business name that is registered with the state.
Thanks,
-Brian Appleberry
