Can I keep the money I raise for the campaign in my personal bank account?

No. It is required that campaign funds be maintained in a bank account that is used exclusively by the political committee. Many banks will require that you obtain an EIN number from the IRS to open the account. EIN numbers can be obtained by going to the IRS website or calling 800-829-4933.

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1. Where can I find more information about campaign finance?
2. When do I need to file paperwork to organize my political committee?
3. Who can I appoint as my treasurer and what is required of that person?
4. I will not take any contributions for my campaign. Do I still need to open a committee?
5. What are the rules for contributions to my candidate committee?
6. If I plan to stay under the $1,000 reporting threshold, do I need to keep track of the money I receive and spend?
7. Can I keep the money I raise for the campaign in my personal bank account?
8. What is an in-kind contribution?
9. I am planning a fundraiser and will sell plates of food. Do I need to keep track of how much each person buys?