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NICKG NICKG is offline
is this thing on?
 
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Join Date: May 2000
Location: Franklin, NJ
Posts: 2,527
Quote:
Originally posted by RallyJon
Huh? How's that? D&B is a private, for profit company. They are not an arm of the IRS.

If I tell me father-in-law that I'm doing better than I am, or if I tell my loanshark I'm doing worse than I am, is the IRS going to hold me to that, too?
this company would be no different than them veiwing you bank records....well within the irs' right to see how a buisness is going(I would bet it's SOP too). I know that when a company gets into trouble, it isn't all that unusual to have their suppiler purchases audited...(fyi) I have seen that done a few times(none recently) Beleive me that will come back to haunt you if you do get audited...and even if they don't get you there, since the Enron and Worldcom deal, misstatement of company finacials is a big no no(even if you are private) as it constitutes Fraud. As far as lying to your FiL That isn't a a recorded call for one, nor a statement that bears on your creditworthiness or buisness' health.

Last edited by NICKG; 12-16-2005 at 01:00 PM..
Old 12-16-2005, 12:55 PM
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