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Alan Roehrich · 09-23-2010, 01:56 AM

Looking at a tax return for any one to three year period can be extremely misleading.

For example, there are a ton of corporations that will show a profit this year, whether they actually made one or not, and have already decided to show a loss for 2011 in order to avoid the anticipated sunset of the "Bush tax cuts for the rich". They'll move profits and losses on paper, legally, to show whatever they need to show.

Further, the corporation "NHRA" may show a net loss, while every board member and silent shareholder takes home a nice hefty salary paycheck and bonuses.

09-23-2010, 01:56 AM	#10
Alan Roehrich Veteran Member Join Date: May 2006 Location: Murfreesboro TN Posts: 5,118 Likes: 1,576 Liked 1,837 Times in 417 Posts	Re: Whose interests does NHRA represent? Looking at a tax return for any one to three year period can be extremely misleading. For example, there are a ton of corporations that will show a profit this year, whether they actually made one or not, and have already decided to show a loss for 2011 in order to avoid the anticipated sunset of the "Bush tax cuts for the rich". They'll move profits and losses on paper, legally, to show whatever they need to show. Further, the corporation "NHRA" may show a net loss, while every board member and silent shareholder takes home a nice hefty salary paycheck and bonuses. __________________ Alan Roehrich 212A G/S