Expo Holdings Inc. (EXPH)

[mahatmapaul]

sbb: All good questions. And, you do know I was citing an article by a tax professional.

Did you also notice the "we'll agree to disagree"? Just like clockwork. How can there be disagreement about IRS procedures? These procedures are governed by the IRC and by regulations implementing provisions in the federal code. There can't be any "we'll agree to disagree", since the IRS is REQUIRED to follow strict procedures in these matters; JD may never dot any i's and cross any t's, but the IRS sure does, and they do this very well and every day and in every way. Those who ignore these dotted i's and crossed t's coming from the IRS do so at their immediate peril.

I did notice, though, that we're not hearing anymore that the filing of the lien is a sort of "notice" (??). The first letter is the notice, and the filing of the lien only happens after this letter and all subsequent ones are ignored and the taxpayers continues to not pay the amounts owed. And by the way, the other day you got "berated" (albeit weakly) by someone nit-picking your use of the word "seizure". The filing of the lien is, in fact, a legal/virtual seizure of these assets, since, as the article explains, all rights to the property are immediately taken away from the taxpayer. "Seizure", if understood virtually and not literally/physically, is a very apt description of what has happened to exph's assets.. (HEY: I just realized the excuse de year: THE IRS SEIZED OUR ROUTER, AND SO BLAH BLAH BLAH ...)

Something is brewing in Nawth Caroline, and it ain't Darjeeling breakfast tea ..... What are they up to?