EMAIL DETAILS

Mervyn and Bill Morgan need to confer about the treatment of your payments from Hudson West. Can I introduce them/facilitate that conversation?


George R. Mesires
Partner
george.mesires@FaegreBD.com<mailto:george.mesires@FaegreBD.com> Download vCard<http://www.faegrebd.com/vcard/george.mesires.vcf>
D: +1 312 356 5101<tel:+1%20312%20356%205101> | M: +1 312 972 4151<tel:+1%20312%20972%204151>

Faegre Baker Daniels LLP<http://www.faegrebd.com/>
311 S. Wacker Drive | Suite 4300 | Chicago, IL 60606, USA<x-apple-data-detectors://10/1>

Begin forwarded message:

From: Mervyn Yan <mervyn.yan@gmail.com<mailto:mervyn.yan@gmail.com>>
Date: February 16, 2019 at 7:25:55 AM CST
To: "Mesires, George R." <George.Mesires@faegrebd.com<mailto:George.Mesires@faegrebd.com>>
Subject: Re: W-9 FaegreBD Eastern Remit to Address.PDF

George,

Any thoughts on this matter?


Thanks,
Mervyn


On Sat, Feb 2, 2019 at 01:02 Mervyn Yan <mervyn.yan@gmail.com<mailto:mervyn.yan@gmail.com>> wrote:
The issue of treating a loan is that the company had been liquidated, and the loan balance has not been repaid in full or in part, or to be written off, irs may have an issue. This ought to be a 1099-misc situation, Hunter can expense most if not all of the income, and no troubles going forward.

Please confirm.


On Fri, Feb 1, 2019 at 11:48 Mesires, George R. <George.Mesires@faegrebd.com<mailto:George.Mesires@faegrebd.com>> wrote:
Mervyn:

Attached is a W-9 for Faegre Baker Daniels. Also, I want to confirm that the payments to Hunter are to be characterized as a loan for the final tax returns.

Thank you

Georg