FINANCIAL |
Timeline |
| Determine whether or not your local needs to incorporate | Immediately |
| Get Employer Identification Number if you don’t already have one | Immediately |
| Apply for tax exemption if exemption hasn’t already been granted. | Immediately |
| Mail 1099’s and file with IRS | January 31/February 28 |
| File 990 or 990EZ as required | The 15th day of the 5th month after the organization’s accounting period ends. |
| Pay personal property taxes if applicable (tangible property is owned by local) | February 1 |
| Report Michigan sales tax if goods are sold by the local in the state of Michigan | Varies |
| File LM 2, 3, or 4 | 90 days after fiscal year end |
| Prepare payroll tax report | As needed |
LEGAL |
Timeline |
| Inform MEA’s Government Affairs department if lobbying/political activity is reimbursed to the local by MEA. | Prior to activity |
| Ensure compliance with state Campaign Finance Act and Federal Election Commission | Before election |
| Obtain appropriate licensing for raffles or bingo events | Before activity |
| Obtain liquor license if local wishes to sell alcohol beverages in connection with an event or activity | Before activity |