MAKING LAKE ASHTON A BETTER AND HONEST COMMUNITY TO LIVE AT RETIREMENT This is a free Service provided to all residents. Feel free to provide a comment or correction on any article. Send all E-Mails to lakeashtontalktwo@yahoo.com and YOUR REMARK OR OPINION will be posted. If an individual is named in your post, it must be signed. All bold wording below the comment is the publisher opinion. These are the stories they don't want you to read. See also disclaimer in right column below.
Friday, October 30, 2009
Profit must be reported to the IRS Bingo Paul
The Bingo corp. is divided in two groups, Bingo and snack food sales. 50-50 must also be reported. Would you believe NO BOOKS are being kept of the Bingo earnings, 50/50, and the snack bar. Bingo Paul feels this is all charity and needs not be reported. What is he thinking of. Name the Charity, Paul. Yes, the state and the federal Government is now looking into Bingo Paul charities. Paul is repairing drapes, ballroom entrance doors, Screen Enclosures at the outdoor grill, and also he wants to replaced the carpet in the ballroom at a cost of $25,000. Who is this guy anyway? He should be paying $750 to rent the hall, not $200. Let the CDD determined where the money should go and control Bingo. Lake Ashton West is control by the CDD. It is very likly Paul would have to pay a fine, but the way it is set up maybe the HOA will be fined? This is all a big mess, but I am sure a judge can strignten it out, thanks to Bingo Paul, hope you move to a 5 x 7 room with free board.
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