[Noisebridge-board] mail: checks, 7 day notices, and an IRS penalty fee.

Noisebridge Treasurer treasurer at noisebridge.net
Sat Sep 24 00:42:50 PDT 2011


Forgot to add, the PG&E has been paid up since that notice, and I
recently increased the cap for the auto pay to 800. Would definitely
like to see people looking into our power use though.

-K

On Sat, Sep 24, 2011 at 09:36, Noisebridge Treasurer
<treasurer at noisebridge.net> wrote:
> I was expecting us to receive the tax penalty. Our tax professional
> was contracted to handle it at the time that we filed our taxes. I
> will forward this on to them. They told us it should be reasonable
> easy to appeal.
>
> I will check on Recology. It is supposed to be auto-paid, but their
> system is a huge hassle, so we had a lot of problems setting up the
> auto-pay. PG&E is auto paid, but I've been manually paying it as well
> lately because auto-pay had a top cap of $600 which we've been
> surpassing every month.
>
> -Kelly
>
> On Sat, Sep 24, 2011 at 00:18, 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.
>>
>> 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.
>>
>> Thanks,
>> -andy
>>
>


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