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> we've Never filed returns since our first re-organization to the LLC in 2005. I'm sure plenty of HNers can attest, you aren't exempt from taxes because you'r

> we've Never filed returns since our first re-organization to the LLC in 2005. I'm sure plenty of HNers can attest, you aren't exempt from taxes because you're an LLC. Plenty of us file our own LLC taxes, yet a 'professional' accountant in charge of a full organization thought it would be an OK business thing to ignore altogether? Hopefully they find better representation, this is egregious.

rgbrenner 13y ago
The article never calls him a "professional accountant". He's the accountant of X.org, but in fairness, he's really a system engineer. He's never been an accountant anywhere: http://www.linkedin.com/pub/stuart-kreitman/5/185/942 http://www.linkedin.com/pub/stuart-kreitman/5/185/942 So he's really just an engineer that they gave the accounting work to. That probably explains quite a bit.
- Zelphyr 13y ago
  Not really. Most engineers I know are at least smart enough to know that if you don't pay your taxes for eight years you're going to have a problem with the IRS.
  - fnordfnordfnord 13y ago
    Yup, experience taught me that in 1/8th of that amount if time.
- nknighthb 13y ago
  Actually he's Treasurer, which means he has responsibility for an organization's money, but does not necessarily perform the functions of an accountant. When giving the role to someone without any particular expertise, you would expect a professional accountant to be retained to advise and assist in any nontrivial case. But since nobody thought to file taxes (or make sure they got filed), I'm assuming they didn't think to do that either. This degree of incompetence is troubling, especially given the massive array of resources X.Org could have called on for help in ensuring the foundation was being run correctly.
RyJones 13y ago
the wording isn't clear. I thought they were saying "a person employed by Oracle as an accountant, who also happens to be the accountant of X.org". They appear to be saying "a person that is employed by Oracle in some role, who also happens to be the account for X.org"
ams6110 13y ago
Wait, income from an LLC would normally just be filed on the member's individual income tax returns right? Not file its own stand-alone return.

rgbrenner 13y ago

The article never calls him a "professional accountant". He's the accountant of X.org, but in fairness, he's really a system engineer. He's never been an accountant anywhere: http://www.linkedin.com/pub/stuart-kreitman/5/185/942 http://www.linkedin.com/pub/stuart-kreitman/5/185/942 So he's really just an engineer that they gave the accounting work to. That probably explains quite a bit.

Zelphyr 13y ago
Not really. Most engineers I know are at least smart enough to know that if you don't pay your taxes for eight years you're going to have a problem with the IRS.
- fnordfnordfnord 13y ago
  Yup, experience taught me that in 1/8th of that amount if time.
nknighthb 13y ago
Actually he's Treasurer, which means he has responsibility for an organization's money, but does not necessarily perform the functions of an accountant. When giving the role to someone without any particular expertise, you would expect a professional accountant to be retained to advise and assist in any nontrivial case. But since nobody thought to file taxes (or make sure they got filed), I'm assuming they didn't think to do that either. This degree of incompetence is troubling, especially given the massive array of resources X.Org could have called on for help in ensuring the foundation was being run correctly.

RyJones 13y ago

the wording isn't clear. I thought they were saying "a person employed by Oracle as an accountant, who also happens to be the accountant of X.org". They appear to be saying "a person that is employed by Oracle in some role, who also happens to be the account for X.org"

ams6110 13y ago

Wait, income from an LLC would normally just be filed on the member's individual income tax returns right? Not file its own stand-alone return.