Wednesday, April 15, 2009

Helio Update

Jury deliberation has ended for the day and will return tomorrow morning, where they will hopefully come to a decision.

Reports came out today that one of the questions that was asked by the Jury was that if a taxpayer deferred their income to a later date, would the taxes be due on the later date or when they decided to defer. The Judges answer was yes, they would be due on the later date.

Good news for Helio considering that the "later date" they are speaking of, has yet to arrive.


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