{"id":8377,"date":"2009-05-27T16:34:16","date_gmt":"2009-05-27T23:34:16","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=8377"},"modified":"2009-05-27T16:36:14","modified_gmt":"2009-05-27T23:36:14","slug":"source-interlink-vs-the-tax-man","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=8377","title":{"rendered":"Source Interlink vs. The Tax Man"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/04\/source-interlinkjpg.jpeg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/04\/source-interlinkjpg.jpeg','popup','width=150,height=100,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/05\/source-interlinkjpg-tm.jpg\" height=\"66\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Source-Interlinkjpg\" \/><\/a><strong><em><a href=\"http:\/\/www.surfermag.com\/\" target=\"_blank\">Surfer<\/a><\/em><\/strong>, <strong><em><a href=\"http:\/\/www.skateboardermag.com\/\" target=\"_blank\">Skateboarder<\/a><\/em><\/strong>, and <strong><em><a href=\"http:\/\/www.snowboardermag.com\/\" target=\"_blank\">Snowboarder<\/a><\/em><\/strong><strong><em> <\/em><\/strong>magazines&#8217; parent company <strong><a href=\"http:\/\/www.sourceinterlink.com\/\" target=\"_blank\">Source Interlink&#8217;s<\/a><\/strong> plans to reorganize under Chapter 11 bankruptcy have run afoul of the <strong>IRS<\/strong> according to a story on <strong><a href=\"http:\/\/www.foliomag.com\/2009\/irs-files-objection-source-interlink-s-reorganization-plan\" target=\"_blank\">Foliomag.com<\/a><\/strong>.<\/p>\n<blockquote><p>The Internal Revenue Service has filed an objection to Source Interlink\u2019s plan of reorganization, claiming the magazine publisher and distributor owes more than $10 million in unpaid taxes. . . The objection, filed last week in Delaware\u2019s U.S. Bankruptcy Court, said Source\u2019s reorganization plan cannot be confirmed because it does not ensure adequate payment of the IRS\u2019 tax claims. The IRS said Source and its affiliates have not filed a \u201cstaggering\u201d number of federal tax returns.<\/p><\/blockquote>\n<p>What does it mean when you can&#8217;t even get your bankruptcy plans confirmed?<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.foliomag.com\/2009\/irs-files-objection-source-interlink-s-reorganization-plan\" target=\"_blank\">Folio Magazine<\/a><\/strong><strong>]<br \/>\n<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surfer, Skateboarder, and Snowboarder magazines&#8217; parent company Source Interlink&#8217;s plans to reorganize under Chapter 11 bankruptcy have run afoul of the IRS according to a story on Foliomag.com. The Internal Revenue Service has filed an objection to Source Interlink\u2019s plan of reorganization, claiming the magazine publisher and distributor owes more than $10 million in unpaid [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[9,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/8377"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8377"}],"version-history":[{"count":2,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/8377\/revisions"}],"predecessor-version":[{"id":8379,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/8377\/revisions\/8379"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8377"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}