- 5 - claimed as a deduction. She testified that she looked only at the bottom line. With respect to the check written to Coupounas in August 1998, Olbres testified as follows: Q When did you first become aware that the corporation owed Mr. Coupounas $65,000 for professional fees from the calendar year 1994? A It was some time in August 1998. Q And how did you become aware of that? A Mr. Coupounas arrived at my office one day and told me that the corporation owed him $65,000 for services rendered that was claimed on the 1994 tax return, and he asked me to write him a check. Q Now, at the time Mr. Coupounas came to you in August of 1998, and said “You owe me $65,000 for legal and accounting services,” were you aware that Mr. Coupounas had rendered services to Interex, Inc. for which he had not been paid? A Yes, I was. Q When he told you you owed him $65,000 or the corporation owed him $65,000, did you ask him what services is this for, or what did you do for this money? A No, I didn’t. Q Did you ask him whether he had kept any time records or any other types of records which would support that amount of $65,000? A No, I didn’t. * * * * * * * Q Is it your testimony that you paid Mr. Coupounas on December 31, 1998?Page: Previous 1 2 3 4 5 6 7 Next
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