Replies to post #99944 on Expo Holdings Inc. (EXPH)

[99leadballoons]

You might want to call the company and find out what is really going on

Worst advice ever.

I didnt see anybody sharing in advance that the company told them months ago that they were behind on their taxes.

Only a fool would listen to these clowns.

[Santa Barbara Broker]

You might want to call the company and find out what is really going on

If I was defending the actions of alleged tax evading felons from Expo Holdings, Inc., the FIRST thing I would do if they had provided a logical excuse (that didn't involve a router) as to why they had been stealing 941 tax witholdings for over a year, would be to publish it here in a forum where Expo Holdings, Inc. information is widely exchanged. Unless of course it was bad news..like for instance if they had informed a shareholder they didn't have the money and were going to jail and that it would all come out at the shareholder's meeting that was only for shareholders. Or if it was something even worse. Then I would probably do something like imply I had talked to them and wasn't going to provide that information that I had obtained from Brown or Harrs...like that they were headed for BK or personal BK or having D&D Displays assets all sold off at auction or being imprisoned and the company closed down and I would put off that info getting out until say, hmmmm, the shareholder's meeting. IMHO.

[Acc441]

Gosh...why didn't I think of that veno?? Oh....would you please take the time to explain the process which JD would need to navigate given D&D Displays SPECIFIC SITUATION? That way....we can all look at the situation and assess whether or not it would be a realistic possibility.....after all...if the Federal liens on file are correct....D&D Displays IS NOT LEGALLY ENTITLED to an installment agreement....Thanks so very much in advance

[Acc441]

Veno....since we are on the subject of IRS installment agreements....isn't this interesting? :



"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.

[Acc441]

yo veno......you said:

the company can just pay back the taxes on a scheduled payment agreement

you were asked to explain the process....you have yet to do so.



True or false: in Regards to D&D Displays-

1) The delinquent taxes currently assessed exceed $10,000.

2) The delinquent taxes currently assessed are for more than 1 tax period.


veno....if the answer to either of the above questions is -TRUE..
would that disqualify D&D Displays from the "streamline" process?

veno... is D&D Displays current for tax period ending 6/30/2011 and the tax period ending 9/30/2011? If D&D is not up to date for the current reporting period... D&D would be unable to even lodge an application for a scheduled payment agreement. OUCH....JD appears to be winding this farce down...no?

TIA