Tax Questions...
Marcus Culver, NCITE President, had questions regarding tax implications for his section. According to the "ITE Elected Leadership Manual", the section should probably be filing a return since their annual receipts are over $25,000.

However, in a phone call to Peter Frentz at ITE HQ, it was learned that as long as the section's revenue stays below $50,000, the section does NOT need to file taxes. Once the section gets over that $50K threshold, they need to go through a fairly lengthy process to establish tax exempt status (which ITE’s lawyers help with), and then they will have to file from that point forward. For more information, please contact Peter Frentz at ITE Headquarters.