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    croarker's Avatar
    croarker Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 3, 2007, 09:55 AM
    Partnership problems
    I Am A 30% Owner In A Small Company . It All Seemed Like The Company Was Doing Well,but Now I Find Out That The President And Treasurer Have Not Paid Out Payroll Taxes This Year And The Company Owes This Money ,what Is At Stake For Me And What Should I Do.. Should I Take Legal Action Againgst Them ? If The Company Files Bankraupty What Will Happen ? Hope It Doesn't Come To That .THERE IS NO MONEY THERE TO PAY THEM .
    mr.yet's Avatar
    mr.yet Posts: 1,725, Reputation: 176
    Ultra Member
    		  
    #2

    Jan 3, 2007, 10:02 AM
    Review the accounting for the company, you own 30 % demand to see the books. If they did pay, tell them to pay them now.
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