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Re: [AGA-mcm] 2005 Expenditures and revenues -- planning ahead



> Taxes [pending any decison from the IRS re tax-exempt
> status, are we going to file an pay in 2005 for the 2004
> tax year?]

My gut feeling is that to pay taxes for 2004 is to admit that we might OWE
taxes.  If our stand is, as I think it should be, that we are a non-profit
institution, we don't owe taxes.  I can't imagine a for-profit venture that
had so many people working so many hours for no remuneration.

Karen


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