Pinnacle Business Management (Prev SRCI)

[ernstge]

Janice,

They have to have records. The corporation had to file federal returns, even if only for expenses. Not only that, there was the loss of assets from the foreclosure and the officers have been paid salaries. Those have to be declared and the officers' incomes must go onto 1099s or W2s. All the "consultants they paid in cash or stocks must also have that declared via 1099s. No such thing as no records. That is a lie and I would bet Hall's life on it. He would go to prison via the IRS for sure over that stunt.

Geo.