[Board] PYC 2019 Tax Forms

[PETER DAWSON]

Thanks very much Doyle, and have a great weekend.   It's suppose to be spring-like (for a great change).
Best,
Peter

> On May 1, 2020 at 3:01 PM stardot at comcast.net wrote:
> 
> 
>     Peter –
> 
>     Actually, the number that caught my eye was the corresponding number on the Form 990T Part II Line 15 which shows salaries related to fuel sales of $26,484. In 2018 with much lower fuel sales that line was $27,726. (The number on the 990 you pointed out plus the number on the 990T add up to total payroll.) I sent a note to the auditor suggesting that the amount on the 990 be about $9000 less and the number on the 990T be about $9000 more. I figure about $8000 of the $17000 increase in payroll from 2018 to 2019 was due to Jerry and he had no bearing on fuel sales. Increasing the salaries on the 990T also reduces our taxes.
> 
>     Thank you,
> 
>     Doyle
> 
>      
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>      
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>      
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>     From: PETER DAWSON <poko at comcast.net>
>     Sent: Friday, May 1, 2020 1:54 PM
>     To: Board of Directors <board at portsmouthyc.org>; stardot at comcast.net; Maggie Fogel <maggie at maggiefogel.com>
>     Subject: Re: [Board] PYC 2019 Tax Forms
> 
>      
> 
>     Doyle,
> 
>       Attached;  have a nice weekend all,
> 
>     --Peter--
> 
>      
> 
>     Stay well............
> 
>      
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>      
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>         > > 
> >         On April 30, 2020 at 3:41 PM stardot at comcast.net mailto:stardot at comcast.net wrote:
> > 
> >         Attached are the 2019 Tax Forms I plan to submit next week. We state in these forms (Form 990 Part VI Section B Lines 11a and 11b and also Schedule O) that the Board of Directors and Officers are given copies of the forms before we submit them. You are not required to review them but you are welcome to do so. Please look them over and get back to me with any  questions or comments by Monday noon and I will instruct the auditor to print them for submission Monday afternoon. I have reviewed them and I recommended one change to the Form 990 Part VII , telling the auditor I thought the Treasurer and Secretary stipends should be entered in column F as they have been in previous years. Other than that, I find that the answers to the questions and the numbers look good.
> > 
> >          
> > 
> >         Unless you see an issue, I would appreciate each of you replying to me with an “OK to submit.”
> > 
> >         Thank you,
> > 
> >         Doyle
> > 
> >          
> > 
> >          
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> >     > 
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