The best way to do this is to spend the chapter funds on the members! It is still early enough in the year for officers to work together to determine how much money there currently is in the chapter bank account, how much will be earned through the 3rd quarter reimbursement, and how much will […]
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Tag Archives: Taxes
2016 Taxes will be Held from the 3rd Q Reimbursements
If your chapter owed money for income made in 2016, you should have been contacted by one of your representatives on the AAPCCA Board of Directors, informing you of the amount due. Of the 508 chapters in 2016, 47% of them made a profit leaving a $ 14,000 tax liability. However, 90% of the chapters that […]
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