2008/august2008.txt:22:51 < quantumsummers|c> I have a meeting with CPAs starting tuesday 2008/december2008.txt:(12/14/2008 01:33:46 PM) quantumsummers: I have 2 CPAs available 2008/october08.txt:(10/19/2008 02:40:29 PM) quantumsummers|Corsair: so, its likely that any cpa would want to go over those years too 2008/october08.txt:(10/19/2008 02:42:01 PM) quantumsummers|Corsair: other than that, at worst its around $500/year for a cpa 2008/october08.txt:(10/19/2008 02:51:05 PM) quantumsummers|Corsair: I think that's it for cpa 2008/october08.txt:(10/19/2008 03:23:55 PM) quantumsummers|Corsair: the cpa will assist with 501c3 2008/september08.txt:20:09 <@quantumsummers|c> can I jump in here re:CPA? 2008/september08.txt:20:15 <@quantumsummers|c> thats it for CPA at this time 2009/11Jan2009_trustees_meeting_log.txt:(01/11/2009 01:14:10 PM) quantumsummers|c: to continue with the cpa topic, it might be helpful to have tsunam on a conference call with the cpa sometime before the end of the month 2009/11Jan2009_trustees_meeting_log.txt:(01/11/2009 01:17:35 PM) quantumsummers|c: this CPA does my stuff too 2009/11Jan2009_trustees_meeting_log.txt:(01/11/2009 01:20:50 PM) quantumsummers|c: I & the cpa can help tsunam 2009/11Jan2009_trustees_meeting_log.txt:(01/11/2009 01:21:00 PM) quantumsummers|c: err, the CPA & I 2009/11Jan2009_trustees_meeting_log.txt:(01/11/2009 01:39:21 PM) fmccor: quantumsummers|c, This is really something for a CPA 2009/11Jan2009_trustees_meeting_log.txt:(01/11/2009 02:02:35 PM) quantumsummers|c: our cpa may be able to assist with this 2009/15Feb2009_trustees_meeting_log.txt:(02/15/2009 01:45:44 PM) quantumsummers|Corsair: fmccor yes, the basic things we need to do are: 1. Have CPA do as complete an audit as possible, 2. file for a 6 month extension for this years taxes, 3. get setup as 501c3 with IRS (fairly immediate response with that is guaranteed). 2009/15Feb2009_trustees_meeting_log.txt:(02/15/2009 01:50:35 PM) quantumsummers|Corsair: fmccor right, we will get that going. The CPA I have is willing to assist there 2009/22Feb2009_trustees_meeting_log.txt:(02/22/2009 01:11:52 PM) quantumsummers|Corsair: re: 2.2 I am meeting with the CPA next week to get things rolling. perhaps we can get some advice on the banking front 2009/trustees_meeting_log_2009june14.txt:(06/14/2009 02:06:28 PM) quantumsummers|Corsair: we can talk to the cpa as well 2009/trustees_meeting_log_2009june14.txt:(06/14/2009 02:15:42 PM) quantumsummers|Corsair: CPA is assisting me, so it is 2009/trustees_meeting_log_2009june14.txt:(06/14/2009 02:16:59 PM) quantumsummers|Corsair: sure, CPA will review 2009/trustees_meeting_log_2009may17.txt:(05/17/2009 02:16:08 PM) quantumsummers|Corsair: CPA, we are in good shape 2009/trustees_meeting_log_2009may17.txt:(05/17/2009 02:17:50 PM) quantumsummers|Corsair: any questions for the CPA or 2009/trustees_meeting_log_2009may17.txt:(05/17/2009 02:18:14 PM) quantumsummers|Corsair: I'll run it by the CPA before 2010/20100117_trustees_meeting_log.txt:Jan 17 14:10:32 ok, CPA: for some reason I have not received anything from either my local CPA or the CPA sflc recommended. I will follow up on Monday. My request may have been lost in the tax-prep shuffle 2010/20100221_trustees_meeting_log.txt:Feb 21 14:03:55 quantumsummers SFLC Update and CPA quotes 2010/20100221_trustees_meeting_log.txt:Feb 21 14:10:01 re: CPA, I have spoken with both parties, and been told that since it is tax time now, we have a bit longer to wait as everyone is quite busy. 2010/20100321_trustees_meeting_log.txt:19:19 <@quantumsummers> CPA: ok so I have one from the local firm; $500 to $700 per month for full bookkeeping, taxes, etc. Still haven't heard from the NY group 2010/20100516_trustees_meeting_log.txt:20:31 <@quantumsummers> can you guys skip the cpa & come back to it 2010/20100516_trustees_meeting_log.txt:21:02 <@quantumsummers> heard back from the cpa recommended by sclf, was more than the quote from local by 400-500 2010/20100516_trustees_meeting_log.txt:21:04 <@quantumsummers> In general, and if we can produce our own quarterlys, we should be ok without full cpa support 2010/20100919_trustees_meeting_log.txt:20:17 <@quantumsummers_> they are much cheaper than cpa for the same service 2010/20101212_trustees_meeting_log.txt:19:09 <@quantumsummers> I was able to work up what was needed for our app with my cpa 2010/20101212_trustees_meeting_log.txt:19:09 <@quantumsummers> as usual, my cpa is fine with taking a look from time to time. I think she isn't even charging 2010/20101212_trustees_meeting_log.txt:19:09 <@NeddySeagoon> quantumsummers, your CPA working that way is fine, if she is charging, we want the bill, not your business 2011/20110320_gentoo-trustees.03-20.log.txt:18:22 <@quantumsummers> the bulk of this work should be done by a cpa 2011/20110320_gentoo-trustees.03-20.log.txt:18:24 <@NeddySeagoon> quantumsummers, is it worth approaching your CPA for a quote for the work ? 2011/20110320_gentoo-trustees.03-20.log.txt:18:27 <@NeddySeagoon> quantumsummers, then lets take some of the work away from them and fund a CPA to do it with an agreed deadline 2011/20110320_gentoo-trustees.03-20.log.txt:18:34 <@NeddySeagoon> quantumsummers, yes - every CPA needs to get the same form of words. If we put all the work items in one document, we need to make it clear we may 'cherry pick' from responses 2011/20110417_gentoo-trustees.log.txt:18:53 <@quantumsummers> I have another meeting on the 18th with my CPA who has talked informally with the IRS regarding the situation (annonymously) 2011/20110417_gentoo-trustees.log.txt:18:55 <@quantumsummers> in conversations, the CPAs that I have spoken with are fully confident that we will have no real issue obtaining proper status, and they estimate 8 months from filing date for finalization 2011/20110515_gentoo-trustees.log.txt:18:21 <@quantumsummers_> I had mentioned previously the general cost of CPA assistance as well as the filing fee 2011/20110515_gentoo-trustees.log.txt:18:23 <@quantumsummers_> 1. Based on the general costs of CPA assistance coming all within the same range, I propose we engage KPM for our CPA <- Motion. Can I get a second? 2011/20110515_gentoo-trustees.log.txt:18:24 <@NeddySeagoon> quantumsummers, is that the CPA you normaly work with ? 2011/20110515_gentoo-trustees.log.txt:18:24 <@quantumsummers_> for reference I use this CPA for both my personal and all business activities ( 3 business) 2011/20110515_gentoo-trustees.log.txt:18:26 <@dabbott> quantumsummers, this is them correct http://www.kpmcpa.com/ 2011/20110515_gentoo-trustees.log.txt:18:39 <@quantumsummers_> In the case that in working through with the CPA, there may be some potential we need to engage an attorney that specializes in taxes. I do not have one in mind at this time (although I work with a few locally that have that specialty in house). 2011/20110515_gentoo-trustees.log.txt:18:51 <@quantumsummers_> NeddySeagoon: I have everything the CPA has requested. (I have been working with them on this for awhile now, they were not charging us as it was preliminary) 2011/20110515_gentoo-trustees.log.txt:18:53 <@quantumsummers_> that includes all filing fees with the states, 501c3 filing fee, CPA fee. It does not include any penalty we may have with the IRS 2011/20110515_gentoo-trustees.log.txt:18:54 <@quantumsummers_> to have the CPA do it 2011/20110515_gentoo-trustees.log.txt:18:56 <@quantumsummers_> I would like to have the by laws gone through by an attorney in collaboration with the CPA 2011/20110515_gentoo-trustees.log.txt:18:56 <@quantumsummers_> I will have the CPA tell me what we need, if anything 2011/20110515_gentoo-trustees.log.txt:18:59 <@quantumsummers_> well, it would be nice to have it done by the CPA when we end our fiscal year, but I can prepare a preliminary report within a week I think 2011/20110515_gentoo-trustees.log.txt:19:00 <@quantumsummers_> NeddySeagoon: ok, I will make a report this week then. I will include last fiscal year too, since the CPA will be working on that starting asap 2011/20110717_gentoo-trustees.07-17.log.txt:17:37 <@quantumsummers> further, I have been working with CPA on summary financials for the entire history of the foundation 2011/20110717_gentoo-trustees.07-17.log.txt:17:49 <@NeddySeagoon> quantumsummers, do we have a contract with a CPA ? You were authorised to set something up for 18 months or so 2011/20110717_gentoo-trustees.07-17.log.txt:17:53 <@quantumsummers> so, things are moving along rather smoothly I think. I feel comfortable estimating mid August to file as long as the CPA is fine with everything. 2011/20110918_trustee.log.txt:20:13 <@robbat2> quantumsummers, next item, CPA 2011/20110918_trustee.log.txt:20:13 <@quantumsummers> 3. CPA: they should be finished preparing this years filings in the next week or so for our review. 2011/20110918_trustee.log.txt:20:17 <@quantumsummers> CPA was happy with the data 2011/20110918_trustee.log.txt:20:17 <@quantumsummers> ok, so that is CPA 2011/20111120_trustee_log.txt:19:28 <@quantumsummers|c> CPA, this got a little more complicated than I had hoped, so they filed typical extension 2011/20111120_trustee_log.txt:19:29 <@NeddySeagoon> quantumsummers|a, do we have a CPA under contract ? 2011/20111120_trustee_log.txt:19:56 <@quantumsummers|c> I'll poke the cpa 2011/20111218_trustee_log.txt: cpa, 1023: no substantial change. 2012/20120115_trustee_log.txt:Jan 15 14:23:24 ok, for the CPA bit, they should be ready to file the previous years material soon, based on conversations last week. 2012/20120415_trustee_log.txt:Apr 15 15:28:27 now, I have other opinions of the state of things from our CPAs, but they are not as in tune with the floss + irs relationship 2012/20120415_trustee_log.txt:Apr 15 15:28:36 our CPAs think we have no trouble 2012/20120415_trustee_log.txt:Apr 15 15:52:31 ok, CPA stuff 2012/20120415_trustee_log.txt:Apr 15 15:53:47 for 2010 the CPA filed some provisional document that will likely need to be amended. However we have not heard anything from the irs about this 2012/20120415_trustee_log.txt:Apr 15 15:56:31 The week after next I get back working with the CPA again on things 2012/20120520_trustee_log.txt:20:13 <@quantumsummers> cpa-related; everything is looking on track for taxes, etc 2012/20120520_trustee_log.txt:20:15 <@quantumsummers> need to have a conversation with our cpa again 2012/20120715_trustee_log.txt:20:16 <@quantumsummers> I plan to schedule a call once the CPA is done with tax prep 2012/20120715_trustee_log.txt:20:34 <@quantumsummers> CPA considers b-corp a good potential 2012/20120715_trustee_log.txt:21:02 <@quantumsummers> tampakrap: per conversation with CPA, the request cannot be fulfilled due to a number of reasons, the main ones being overcomplication of our books and issues dealing with earmarked donations 2013/meeting-01-20.log:20:41 <@quantumsummers> our CPA actually did it 2013/meeting-01-20.log:20:43 <@quantumsummers> per cpa recommendation 2013/meeting-02-17.log:20:28 <@NeddySeagoon> quantumsummers, do you want to say anything on 501(c)(3) registration status and the CPA. I'm aware you are on your 'phone 2013/meeting-03-17.log:20:35 <@quantumsummers> if we did this, it would be considered unrelated income, which will be interesting to the cpa. easily dealt with though 2013/meeting-06-23.log:Jun 23 15:34:32 in fact, I can have the CPA draft up some narrative re: legal aspects for a disclaimer, etc 2013/meeting-06-23.log:Jun 23 15:37:21 nothing on that. we'll see something soon from the CPA 2013/meeting-07-21.log:Jul 21 15:16:20 quantumsummers|c, anything on the CPA or 501(c)(3) registration status ? 2013/meeting-07-21.log:Jul 21 15:49:22 I will discuss with CPA also 2013/meeting-07-21.log:Jul 21 15:53:26 _robbat21irssi: we can do that, I would have to talk with the CPA about how we should manage it of course, a 2013/meeting-07-21.log:Jul 21 15:56:24 well, let me see what the CPA has to say. I venture a guess that they have not heard much about it 2013/meeting-07-21.log:Jul 21 15:58:26 discussion with the CPA, I mean 2013/meeting-09-15.log:Sep 15 15:17:37 not today, that is certain. I have most every thing back from our CPA. 2013/meeting-09-15.log:Sep 15 15:19:17 CPA manages all the tough stuff 2013/meeting-09-15.log:Sep 15 15:49:23 linked? we use the data from the CPA workup in the 990 2013/meeting-11-17.log:Nov 17 14:13:12 after some discussion with my attorney and the Gentoo CPA, they thought it would be no biggie 2015/meeting-06-21-2015.log:Jun 21 15:48:47 I am preparing to hand off banking, etc statements to CPA at the end of the month. I will be able to participate in the filing, certainly. 2016/meeting-20160117-log.txt:Jan 17 14:18:51 ok, so: 1. call cap1, get the money market account situated (that is the one I cannot log into). 2. CPA 3. mail stuff