Replies to post #43828 on Sunset Island Group Inc (SIGO)

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Jobs has to declare the $1 million for the March 15, 2019 tax return and eventually pay it. Converted, sold, or not.

There is a reason why this company is not audited. But the IRS will take notice on $1 million. And SIGO has to report this to the IRS, or they will be fined.

Since this is a pref. stock issuance, they are circumventing the T/A that does report cost basis to the IRS.

I won't be so kind.