[Noisebridge-board] Fwd: mail: checks, 7 day notices, and an IRS penalty fee.
danny at spesh.com
Sat Sep 24 02:52:00 UTC 2011
sorry, missed the rest of the list
---------- Forwarded message ----------
From: Danny O'Brien <danny at spesh.com>
Date: Fri, Sep 23, 2011 at 7:51 PM
Subject: Re: mail: checks, 7 day notices, and an IRS penalty fee.
To: Andy Isaacson <adi at hexapodia.org>, secretary at noisebridge.net,
Kelly <hurtstotouchfire at gmail.com>
On Fri, Sep 23, 2011 at 3:18 PM, Andy Isaacson <adi at hexapodia.org> wrote:
> On Fri, Sep 23, 2011 at 03:02:37PM -0700, miloh wrote:
>> The IRS sent a penalty notice for late tax return of our 990EZ. The penalty
>> is for $1720.00 which is 86 days late. PDF attached.
>> Are the PGE and Recology bills current now? Who is handling them? What
>> happened to the IRS filing that resulted in a 86 day late filing?
> Ouch. I am not too worried about the bills (I think we have them
> straightened out, if not we need to send some checks, no biggie).
> But the IRS thing ... we should probably have a Treasury Minions Meeting
> possibly including the Board, so that everybody can learn what we were
> supposed to do to avoid the penalty, and so that we can be confident
> that we don't penalize ourselves again in the future.
> We may be able to appeal the penalty, perhaps we should talk to a tax
> professional about that.
It was my collection that was the problem was our tax professional --
they failed to file on time, so we had to quickly get a new one.
Kelly is I believe travelling right now, but should be reading email.
> In any case, this isn't going to bankrupt us or anything, but we do need
> to make sure it doesn't happen again.
> Kelly, if you'd like I can post to board@ and do some research on both
> of the above.
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