Thanks. So assuming the check will 100% not be cashed, you are saying we should declare it as income the following year when it became irretrievably reversed (w...
Thank you for your replies. The purpose of the question wasn't to propose tax avoidance; rather, the company is considering purchasing equipment that it may nee...
I wasn't an owner, and didn't receive any tax forms at any point. I just held informal shares we called "subscription units" entitling me to a percentage of ann...