Baker Prevention Coalition Inc

Schedule D, Page 3, Part X

“Part x - fin 48 footnote the organization has adopted fast asc 740-10, accounting for income taxes, which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements. The interpretation prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Based on analyses of various federal and state filing positions of the organization, management believes that its income tax filing positions and deductions are well documented and reported. As of december 31, 2024, the organization had no temporary differences relating to the recognition of income and expenses for financial and tax eporting purposes. Accordingly, no deferred tax assets or liabilities are recorded. Additionallly, as of december 31, 2024 the organization had no uncertain tax prositions that would qualify for either recognitions or disclosure in the financial statements. Therefore, no reserves for uncertain income tax positions have been recorded pursuant to fasb asc 740-10. In addtiona, no cumulative effect adjustment related to the adoption of fasb asc 740-10 was recorded. There have been no increases or decreases in unrecognized tax benefits for current or prior years since the date of adoption. Furthermore, no interest or penalties have been included since no reserves were recorded and no significant increases or decreases are expected to occur within the next 12 months. When applicable, sunch interest and penalties will be reported as income tax expense. Since tax matters are subject to some degree of uncertainty, there can be no assurance that the organization's tax returns will not be challenged by the taxing authorities and that the organization will not be subject to additional tax, penalties and interest as a result of such challenge. At december 31, 2024, the period that remains open to examination under federal statutes are the for the tax years ended december 31, 2021 through 2024.”