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Re: WestcoastCoach post# 13225

Thursday, 05/01/2014 1:38:45 PM

Thursday, May 01, 2014 1:38:45 PM

Post# of 20265
Disclaimer: This ought to solve that;

"personal knowledge on the tax issues re: ECOB
(corporate, state, local, employee, excise, resell, income, personal, etc., etc..) "


problem: $2,831,851


http://www.sec.gov/cgi-bin/viewer?action=view&cik=1409885&accession_number=0001127855-14-000084&xbrl_type=v#

Payroll and taxes payable:

Dec. 31, 2013 $2,831,851

Jun. 30, 2013 $2,501,005


Accrued Liabilities



As of December 31, 2013, the Company owed $1,335,704 in past due payroll taxes and accrued penalties. The Company has filed the necessary payroll tax reports with the impacted taxing authorities and is currently on a periodic payment plan. These amounts are recorded within payroll and taxes payable on the accompanying consolidated balance sheet. Also at December 31, 2013, the Company owed $154,491 in past due sales tax in which it has filed the appropriate reports and is making periodic payments.



As of June 30, 2013, the Company owed $1,388,739 in past due payroll taxes and accrued penalties. The Company has filed the necessary payroll tax reports with the impacted taxing authorities and is currently on a periodic payment plan. These amounts are recorded within payroll and taxes payable on the accompanying consolidated balance sheet. Also at June 30, 2013, the Company owed $199,798 in past due sales tax in which it has filed the appropriate reports and is making periodic payments.

Corn-fused-us Long-vestor ancient saying: Patience and small movements keep a steady course.

I don't have a humble opinion!


At's ma boy!

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