Fraternal not-for-profit organization failed to record the proceeds arising from the sale of a building and land that it acquired title that was previously owned by a subordinate Lodge.
I have suggested the reporting entity record a basis subject to the sales proceeds received so there is no profit or loss on the item.
Robert S Cheskes, CPA (NY & FL)
Robert S. Cheskes, CPA, P.A.
8094 Florenza Drive
Boynton Beach FL 33472-7141
Office/Fax # 561-732-9004
Cell # 631-921-9552
This e-mail and any attachments are intended only for use by the intended person to whom it is addressed. It may contain confidential and/or privileged materials. If this e-mail is received in error do not use, copy or disseminate the information. Please delete the file and contact the sender by reply e-mail.
CONSIDER THE ENVIRONMENT BEFORE PRINTING THIS E-MAIL