Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Cartwright told it faces about $2.1 million in IRS penalties dating to 2017 and 2023
Summary
The district's executive director of business services told the board the penalties stem from a failure to furnish Form 1095 in 2017 (about $1.6 million) and errors with payroll/941 filings (about $500,000); the district plans to pay from the indirect cost fund and has added payroll oversight.
Derek Ethridge, executive director of business services, told the Cartwright Elementary District governing board on Feb. 6 that the district faces roughly $2.1 million in penalties and fees owed to the Internal Revenue Service.
Ethridge said the largest portion — about $1.6 million — stems from a failure to furnish Form 1095 to employees for tax year 2017 and from not filing those forms with the IRS. He said a separate set of payroll-related errors tied to Form 941 filings…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
