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Friday, August 19, 2011 10:05:59 PM
"Summary of agreement criteria for business accounts"
"If the taxpayer cannot pay operating expenses and current taxes, then deferring action on delinquent and accrued taxes may serve no useful purpose.Appropriate collection action such as LEVY, SEIZURE, or TRUST FUND RECOVERY PENALTY should be considered to protect the Governments interest. The taxpayers interests must also be considered and the FINANCIAL STATEMENT should be REVIEWED THOROUGHLY with the taxpayer to determine if there is a way to reduce expenses in order to make payment on the taxes and avoid forced collection action."
oh my....just the thought of a trained IRS field AGENT-- armed to the teeth with DETAILED info on assets belonging to D&D Displays, JD, Glenn and EXPO Holdings...gives one a warm and fuzzy feeling...no? *vetting* X 10.
Pink Sheets...where failing private companies come to die.
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