If this person has had trouble with the IRS I would caution you from having her be the only name on that account, or even her name on it at all. If that matter isn't clear they may seek any assests that have her name on it, they may freeze any accounts her name is on as well, whether they would take that time to check that it is a pto account is hard to say. My husband's business went through a random audit a few years back and it was scary! Just be careful!
I believe our bank's only restriction is that you not have written bad checks that resulted in the termination of your account with them. I would see what your bank's reasons are. Then I would talk to your other members about whether or not a person with a questionable financial history and who can not fulfill the requirements of the position, by not signing checks, should be your treasurer. I filed for bankruptcy out of college because I had tons of credit cards-they shouldn't give them to you if you don't have a steady income-and doctor bills and I can still sign checks. So I get the feeling something fishy is going on.
The irony of commitment is that it’s deeply liberating-in work, in play, in love. The act frees you from the tyranny of your internal critic, from the fear that likes to dress itself up and parade around as rational hesitation. To commit is to remove your head as the barrier to your life. --Anne Morris
I'm a co-treasurer of my PTO. I recently found out that the incoming treasurer might have a questionable financial history. She has given three different versions of a story that boils down to her - possibly - not being able to sign checks or have her SS# attached to the PTO acct. The stories range from personal bankcruptcy to an audit of her finances to the IRS taking money from her personal checking acct. before she closed it.
I'm very uncomfortable signing over the books to this person without resolving the situation. What can/should I do? Is there a way of doing a background check on this person?
