No. of Recommendations: 2
WOW, does Santa come to your house every year too? Who generated the income to pay back, the loan ? What products or services were provided to generate, that income? Was the, income , declared on the recipients tax returns? You have no interest in the facts, let's not waste time. Have a great day.
HC, there's no need for derision, it isn't substitute for discussion. That is the practicality of it. So I'll emphasize it. What I have seen show that checks were written for loan, and the loans were paid back. The checks indicated a loan, and then the payback checks indicated repayment of loan. You have emphasized "mandates" by the IRS. But the IRS has to go to court like everyone else, and they weigh things in the balance when they do. It is very difficult in court, when the checks say "loan" and "repayment of loan" to say it isn't a loan unless you have more. You made no mention of anything else. On the face of the original post, and what little I've had represented you have a very shallow case that I would look at you and say - what else ya got?
If you have unreported income, I'm interested - especially if it is rock solid, lay down, and not just innuendo. So present a better case other than IRS mandates that won't hold up if the loan is paid back. You haven't made a good case yet. Whatcha got?
