Orange County NC Website
Browse       Search
- <br /> If your gross receipts each year 'are normally lomce than $5,000, <br /> you are required to file Fuon 980' Return of Organization Exempt � <br /> From Income Tax' by the 15th''duy of the fifth month after the end <br /> a day, up .to a maximum of $5,000, for failure to file a return on time. <br /> --- '-You--a--re f6qUitoI to fi1m-Fsn�rraft ix-con-s tax an-10s*a ' <br /> you are subject to the tax on unrelated business income tinder section <br /> 511 of the Code. ZC you are subject to this ta^, you must file an income <br /> tar return on Form 990-T. In this letter we are not determining whether <br /> any of your present or proposed activities are unrelated trado or <br /> business as defined in section 513 of the 'Code. <br /> You oaad on employer identification number even if you have no <br /> employees. If an employer identification number was not entered on <br /> your, application, a number will be assigned to you and you will be <br /> advised of it. Please usd that number on all returns you file and in <br /> all correspondence with the Internal Revenue Service, <br /> Please keep this 8atarmioatinu letter in your permanent records. <br /> Sincerely yours, <br /> aniuotiou Specialist <br /> �04-526-45I6 <br /> [/ <br />