What is the name of your state? CA
When a High School sports program holds a fundraiser, [i.e. car wash, food booth, vending machine, program sales, etc.] are they required to pay taxes on the money earned? Our High school district is taxing all money earned through sales, leaving the already underfunded programs with less. Is this correct? We've been told that all money from sales are taxed, yet all sales are the result of fundraising, donations, parental support.
When a High School sports program holds a fundraiser, [i.e. car wash, food booth, vending machine, program sales, etc.] are they required to pay taxes on the money earned? Our High school district is taxing all money earned through sales, leaving the already underfunded programs with less. Is this correct? We've been told that all money from sales are taxed, yet all sales are the result of fundraising, donations, parental support.