Originally Posted by jenboo:
Hi! I sent out end of year statements that included the total amount paid and my EIN.
I have always done it this way.
I had a parent respond saying their accountant needs the year end statement to have a full name, business name (not registered), address and EIN on it.
What exactly do I need to be giving out to parents? Do I just type of some document with that info and their year end total? Do i need to show all payments??
All advice is appreciated.. ive never had anyone have issues with what I have given out.
Nope. There is not even a requirement you give the parent a receipt or your EIN unless the parent previously gave you Form W-10. So, tell the parent they have all the information they need. If you want to do what the parent asks, you can, if you don't want to create a hassle with a parent you like to continue in your program. But, it's not required!