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Millionaire executive gets probation for failing to pay taxes
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<blockquote data-quote="Catatonic" data-source="post: 2283368" data-attributes="member: 7966"><p>Right after the IPO?</p><p>That would not be covered by the new regulations and would not have to be reported on the 1099's.</p><p>Note: I am not a lawyer but considered this some 10 years ago and chickened out.</p><p>I can't believe the IRS let this go that long.</p><p>Of course, there was always a paper trail and if you get caught within 7 years, you get prosecuted.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 2283368, member: 7966"] Right after the IPO? That would not be covered by the new regulations and would not have to be reported on the 1099's. Note: I am not a lawyer but considered this some 10 years ago and chickened out. I can't believe the IRS let this go that long. Of course, there was always a paper trail and if you get caught within 7 years, you get prosecuted. [/QUOTE]
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Millionaire executive gets probation for failing to pay taxes
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