American Legion Levasseur Farrell Post 49

“$6025 rental income for the american legion post 49 building; $910 raffle ticket income”

“$2604 electricity; $890 cable; $2359 snow removal; $8140 heating fuel; $1125 van buren water; $799 van buren waste; $359 plumbing repairs; $450 lawn care; $3903 trash removal”

“$630 postage; $192 check printing”

“$302 health inspection; $126 po box rental; $1049 state sales tax; $6268 liability insurance; $240 refunds; $2629 american legion dues; $1549 current depreciation; $345 supplies”

“$36417 bookkeeping adjustment for land/building current values per local tax card versus listed assets; -$9067 prior years accumulative asset/depreciation math errors. After reiviewing prior year returns, it was discovered that the reporting of 990ez pg 2 lines 23 and 24 contained an accumulating asset minus depreciation math error. This is the adustment to correct the errors.”

“$500; $6600 land value - the difference in value of the land as reported on the local tax card; $0, $125,378 - difference in value current and prior listed building improvements reported; $0, $30317 - unrealized asset gain for current building value per current tax card; $0, -123,073 current accumulative depreciation”

“$18597, $3550 correcting prior year asset math error. Most 'other assets' were part of the building asset values. The only asset the american legion post 49 owns are a memorial value at construction date is $3000 and an ice machine valued at purchase date of $550; -$2320 accumulatve depreciation”

“Internal revenue service: we respectfully request that tahe failure-to-file penalty of $20 per day be abated on the irs's exempt organizations annual reporting requirements - filing procedures: abatement of late filing penalties. According to irm 20.1.1, the irs's reasonable cause assitant provides an option for penalty relief for failure-to-file penalties if the non-profit organization meets certain criteria. The non-profit meets the failure-to-file pelalty abatement criterias as stated:”

“We understand that this type of penalty abatement is a one time consideration. The american legion lavasseur farrell post 49 exercised ordinary business care and prudence. They had mailed their timely filed paper return on september 21, 2022. The irs recieved the return on october 4, 2022. On october 28th, 2022 the irs issued ltr 2695c and returned the paper filed 990ez with a request to electronically file per taxpayer first act requirements starting on july 1, 2021. The american legion levasseur farrell post 49 did not intentionally disreguard the taxpayer first act of july1, 2021. They were unaware of the electronically filing of non-profit requirement both by the voluteers that file the 990ez and the irs' acceptance of filed their paper filed 2020 990ez that was mailed in september of 2021. The american legion 49 lavasseur farrell post did not recieve ltr 2695c until after the irs electronic filing system went down for their yearly reboot on november 15th, 2022. The copies of the irs stamped original 990ez and ltr 2695c are on file. We electronically filed the 2021 990ez as soon as the irs'electronic filing system became available. In the future the american legion 49 lavasseur farrell post will file their 990ez electronically. Their electronic confermation will be verified by both an officer of the american legion 49 levasseur farrell post and the ero summitting the return. Thank you for your concideration”