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MequonCPA, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 2342
Experience:  CPA, Over 30 yrs experience w/individuals and small businesses. Masters in Tax.
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Does a For Profit Company have any IRS tax liability associated

Customer Question

Does a For Profit Company have any IRS tax liability associated with allowing Volunteers
to assist in the performance of the services we provide.
Submitted: 6 years ago.
Category: Tax
Expert:  MequonCPA replied 6 years ago.

Dear Customer -


I'm not sure what you are asking. Many businesses have unpaid interns (essentially volunteers). I think there are more legal ramifications rather than tax. Worker's compensation, errors and omissions, professional liability, union employees, etc come to mind.

Edited by Steven Meyerson, CPA on 12/3/2010 at 4:17 PM EST