Re: [gentoo-nfp] [Discussion and vote] Hire CPA for Fiscal 2020 taxes

[Alec Warner]

On Mon, Jul 20, 2020 at 9:38 PM Michał Górny <mgorny@g.o> wrote:

> Dnia July 21, 2020 4:31:22 AM UTC, Alec Warner <antarus@g.o>
> napisał(a):
> >I drove.On Mon, Jul 20, 2020 at 8:10 PM Michał Górny
> ><mgorny@g.o>
> >wrote:
> >
> >> On Mon, 2020-07-20 at 15:33 -0700, Alec Warner wrote:
> >> > In our previous fiscal year we hired a firm to do our taxes for
> >2019, as
> >> > well as a number of previous years. Are there any concerns with
> >> > retaining this firm for the 2020 tax year?
> >> >
> >>
> >> 1. Are we talking about 'just' the filings or full-scale bookkeeping
> >> this time?
> >>
> >
> >This is just the filings for now.
> >
> >
> >>
> >> 2. How hard would it be to do it ourselves, given we have previous
> >> filings by the CPA?
> >>
> >
> >I don't know anyone who could do them properly. I cannot do them
> >properly
> >for certain. The tax return last year was 14 pages.
> >
> >Obviously I could file something; but there are penalties for
> >making mistakes.
> >
> >
> >>
> >> 3. Could you get some quotes first?
> >>
> >
> >I haven't asked for a price from the CPA yet. Last year we paid 1500$
> >per
> >tax year (and per 1, this payment was just for taxes.
>
> 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)?
>

Our fiscal year runs July => June. So the fiscal 2020 year just completed.
We don't have complete financials for fiscal 2020 yet. I looked at the
paypal transactions and donations are slightly up from fiscal 2019. We
should have the financials done later in the year (typically around AGM
time.)

-A


>
>
> --
> Best regards,
> Michał Górny
>