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To: Oldeconomybuyer

Lol. That is all they can try to charge? The company may have given some fringe benefits to executives (I am guessing it is about tax treatment of these expenses) that were not accounted for properly? These is normally a tax audit issue and not criminal in nature. Maybe a revised return and pay interest and tax penalties?


22 posted on 06/25/2021 1:25:09 PM PDT by gunnut
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To: gunnut
Reading between the lines, I'd say the COMPANY EXECUTIVES have a problem, not the company itself. If you're given benefits and the use of company vehicles then that's taxable for the EMPLOYEE.

It's worth noting that none of this was apparently a problem for the IRS, but it's a problem for New York State? LOL.

36 posted on 06/25/2021 2:23:02 PM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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