Question: Tax question for Fundraisers
Hello, We are an e-commerce company that has a PTO that would like to sell our products as a fundraiser. We are all for it to support the local school build a new playground. How do other product fundraisers distribute the PTOs portion of the profits properly and avoid the tax burden associated with the donated portion back to the school? We would appreciate any advice or how other companies work with you and your tax exempt status.
Asked by Anonymous