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> "The status of the 501c3 is lost because we (me) failed to file the 3 past years' tax returns on time. Note that we've Never filed returns since our first re-
by jamesaguilar 13y ago
> "The status of the 501c3 is lost because we (me) failed to file the 3 past years' tax returns on time. Note that we've Never filed returns since our first re-organization to the LLC in 2005. I was taken by surprize that the IRS hit us so rudely. I've had little issues with my own returns and have always found them to be reasonable and friendly."
I'm not an accountant, so I can't make a definitive statement, but this sounds like really poor accounting to me. Maybe that's too specific. It sounds like really poor management of responsibility and time in general. If you're not going to do the work, you should at least tell the person you are responsible to so they can replace you.
If I were his manager and I heard about this, I'd be double checking his work for quite some time to make sure he wasn't under-performing his role at his actual job too.