Hi,
A few friends and I organize a weekly community event. We rent a room at the local senior center and pay for all expenses. Although we don't solicit donations, people usually want to contribute. We don't have an organization setup, neither are we affiliated with any non-profit. I'm wondering if there'd be any reporting and/or tax obligations if we use our personal accounts to collect funds. I tried searching but couldn't find any information. Does someone have any pointers to some useful information?
Thanks.
