• Reminder: Do not call, text, or mention harrassing someone in real life. Do not encourage it. Do not talk about killing or using violence against anyone, or engaging in any criminal behavior. If it is not an obvious joke even when taken out of context, don't post it. Please report violators.

    DMCA, complaints, and other inquiries:

    [email protected]

Our enemies, the SFWA

Forum Clout
27,752
Nerd alert! I don’t have the full disclosure to review, but it looks to me like Line 11b is legal fees directly expensed in the service of SFWA (therefore deductible as operating expenses). A loan serviced by SFWA for legal fees would not be appropriate there, it would be more like carried revenue. Since it is a loan, they can’t show it as an expense- a loan is still an “asset” in cost accounting like this.
All you need to know that cost accounting is shit is that using it, you can classify Patrick S Tomlinson as an "asset"
 

CarolMaxheinie

Runner, Unlike Fatrick
Forum Clout
21,344
All you need to know that cost accounting is shit is that using it, you can classify Patrick S Tomlinson as an "asset"
Cost accounting is indeed shit, so yes. However, it will also tell us if they take a writeoff on all of part of Patso’s massive six-figure debt. Such an expense would be material to their operation and require a byline. Someone said they know 990s better than me so i’ll let them correct me if I’m wrong, which is always likely lol.
 

stealthygeek

Forum Clout
51,014
The highlight of Cat Rambo's literary career is being in the presence of a heroic NAMBLA member. Cat, you must've been swooning!

0d7eee4ba88eead0eecc783bfc45fe7b.jpg

 
Forum Clout
3,240
Cost accounting is indeed shit, so yes. However, it will also tell us if they take a writeoff on all of part of Patso’s massive six-figure debt. Such an expense would be material to their operation and require a byline. Someone said they know 990s better than me so i’ll let them correct me if I’m wrong, which is always likely lol.
SFWA will probably let the note receivable sit on the balance sheet and get in line with the rest of Pat's creditors after he declares bankruptcy. If/when part or all of it is expensed as bad debt, it will show up on the statement of functional expense as an "other expense" and may require additional disclosure depending on what percentage the bad debt is to total expenses for that tax year. '

Turd Ferguson, CPA
 
Forum Clout
1,702
Here's pedophile defender Cat Rambo hanging out after pedocons with NAMBLA member Saumel Delaney.

Cat-delaney.jpg


Cat-delaney-2.jpg


“I read the NAMBLA [Bulletin] fairly regularly and I think it is one of the most intelligent discussions of sexuality I’ve ever found. I think before you start judging what NAMBLA is about, expose yourself to it and see what it is really about. What the issues they are really talking about, and deal with what’s really there rather than this demonized notion of guys running about trying to screw little boys. I would have been so much happier as an adolescent if NAMBLA had been around when I was 9, 10, 11, 12, 13.” — Samuel R. Delany, Queer Desires Forum, New York City, June 25, 1994.
Check out these fawkin mutants
 
Top