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Nonprofit Org. U.S. Postage PAID Southfield, MI Permit No. 111 Volume 13 Issue 4 APRIL 2016 Contacting YIP Tel. (248) 9673655 Fax (248) 9674272 www.yiop.org Young Israel of Oak Park 15140 West 10
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Yiop stands for yearly income and output report.
All business entities are required to file yiop.
Yiop can be filled out online or through a paper form provided by the tax authorities.
The purpose of yiop is to report the income and expenses of a business for taxation purposes.
Information such as total revenue, total expenses, and net profit must be reported on yiop.
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