Gentoo Archives: gentoo-nfp

From: Matthew Thode <prometheanfire@g.o>
To: gentoo-nfp@l.g.o
Subject: Re: [gentoo-nfp] [Discussion and vote] Hire CPA for Fiscal 2020 taxes
Date: Tue, 21 Jul 2020 04:40:34
Message-Id: 20200721044009.auf3vii46aur23eq@gentoo.org
In Reply to: Re: [gentoo-nfp] [Discussion and vote] Hire CPA for Fiscal 2020 taxes by "Michał Górny"
1 On 20-07-21 04:38:17, Michał Górny wrote:
2 > Dnia July 21, 2020 4:31:22 AM UTC, Alec Warner <antarus@g.o> napisał(a):
3 > >I drove.On Mon, Jul 20, 2020 at 8:10 PM Michał Górny
4 > ><mgorny@g.o>
5 > >wrote:
6 > >
7 > >> On Mon, 2020-07-20 at 15:33 -0700, Alec Warner wrote:
8 > >> > In our previous fiscal year we hired a firm to do our taxes for
9 > >2019, as
10 > >> > well as a number of previous years. Are there any concerns with
11 > >> > retaining this firm for the 2020 tax year?
12 > >> >
13 > >>
14 > >> 1. Are we talking about 'just' the filings or full-scale bookkeeping
15 > >> this time?
16 > >>
17 > >
18 > >This is just the filings for now.
19 > >
20 > >
21 > >>
22 > >> 2. How hard would it be to do it ourselves, given we have previous
23 > >> filings by the CPA?
24 > >>
25 > >
26 > >I don't know anyone who could do them properly. I cannot do them
27 > >properly
28 > >for certain. The tax return last year was 14 pages.
29 > >
30 > >Obviously I could file something; but there are penalties for
31 > >making mistakes.
32 > >
33 > >
34 > >>
35 > >> 3. Could you get some quotes first?
36 > >>
37 > >
38 > >I haven't asked for a price from the CPA yet. Last year we paid 1500$
39 > >per
40 > >tax year (and per 1, this payment was just for taxes.
41 >
42 > Oh, one more thing I've forgotten to ask. How does this compare last years' donations, and what are our prospective donations for this year (based on received so far vs 1st half last year)?
43 >
44
45 Net year over year we've been going up and to the right, so even with
46 this (admitidly large to my eyes) bill, we are fine.
47
48 --
49 Matthew Thode (prometheanfire)

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