So I talked to a tax laywer. He suggested I hire him for 1500. He says i have a real mess and suggested 1) he go over all of my returns to make sure they are sound. 2) He request all personal bank statements he used to substantiate MY business expenses. He has told me he won't provide those to me because it's not needed and I'm not being audited.
The lawyer said that he would want me to be able to know for sure I had statements that back up my taxes and if I didn't -- that would be a huge red flag.
He said if he doesn't reply to this request, I could sue him for fraud. Bottom line -- he was a registered agent on my business. He made business expenses on HIS personal credit card and claimed them but never gave me receipts for them.
I gently brought this up to him and asked him if I could have these bank statements. He said no. He said the fact that I'm even entertaining this bull shi* from my accountant shows I can't be trusted and he needs to lawyer up.
He also said he won't take my **** and if he feels threatened he won't stand for it and will end relationship with me forever.
My question is would you press this and ask for all the statements and hire a lawyer to obtain them if he won't cough them up? Or would you let it go and just hope you don't get audited.
So? End it already.
You should neither be a business partner nor a life partner with this dude.
Your should not financially partner up (business or romantically) with anyone who is going to be anything less than financially transparent. Think about this: if you were the one pulling stunts like this, he'd get back at you in a heartbeat.
Oh, and I can predict that if you are audited, he will blame you.
