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Re: Monksdream post# 3761

Thursday, 02/28/2008 1:33:01 PM

Thursday, February 28, 2008 1:33:01 PM

Post# of 158813
It would appear so. Can you help me with some accounting I have only 3 posts left so they may be a little longer.

If the company sells stocks to raise capital... is that considered taxable income?

Further if the old ADCS company execs from several names ago take that money that was raised and did put it in there pockets without paying taxes on it or declaring on their personal income tax returns who do you think will be in violation of tax laws?

One more for now, if I have a personal tax issue, who is responsible for it in your opinion?