Chapter Internal Revenue Service Reports
Chapters have been granted tax exemption status under IRS Group Exemption procedures. As a result, the AOC is allowed to submit a consolidated return to provide all information about
U. S. chapters in a single report. For the AOC Certified Public Accountant to meet the annual deadline, the AOC must receive chapter financial reports by 15 Feb each year. In addition, a separate financial report is required by the same date from chapters in the AOC Educational Foundation.
The AOC headquarters applies for an Employer Identification Number (EIN) for each chapter. Unfortunately, the IRS does not extract EINs from the AOC consolidated report, so the IRS may send the chapter a notice that it must file a tax return. Please forward that request to AOC headquarters.
Examples of financial reports are in the Appendix.