Replies to post #80689 on Marani Brands Inc. (MRIB)

[TapePainter]

I'm not a CPA.. But naively: Take huge labor amount (add in stock option value etc) say: labor = $800K. Say company pays 30% for FICA, Social security etc.

See: http://taxes.about.com/od/payroll/qt/payroll_basics.htm

Is $240,000 . Divided quarterly: $60,000

Thats a small amount to cough up for Marani. They have borrowed enough to cover this. MRIB

[linkvest]

I have owned a business and have dealt with the IRS. They are willing to do what ever it takes to help out with delinquent taxes. They do not want to see the company go out of business and the loss future monies and jobs.
MRIB