I-Man
3 years ago
CPA did all our personal and business taxes as normal. We stated losses, etc and in the end, it shows we get an IRS refund for 2020...
I think as shareholders, just stating the loss is fine, not to think too much into it, because TD/FELP already sent docs to IRS in past and all I know, is I am damn sick and tired of corrupt corporate structures today in America that allow any of this, and very willing to take on any CEO out there like in old days- give him/her a good beating behind the shed to wake them up about integrity, ethics, orals in running a "public traded company" the proper way.
FAR too many people globally are being regularly defrauded by these types.. It has got to STOP... Again just look to lastw eek and what RIchard branson did to his Shareholders and SEC thinks that is ok to do after massive week of media blitz globally???
I-Man
3 years ago
I hear you. . My accountant said same and it was reported along with JC Penneys losses, etc. But with all the documents he filed this year, we are seeing a $1,200.00 IRS refund overall so that is only silver lining. But we still have not received that refund as of yet either and told many clients are seeing delayed refunds from this Administration...
We are also a small business owner in construction industry here in NC, and where many received second PPP loans/funds, we have not, yet spent better part of last 12 months going through hoops to do so, and in the end, had an actual SBA agent tell us "You are of the wrong skin color".. !! What a thing to hear admitted which we always assumed was the case !!!