STATUSOF POST-PETITION TAXES

EX-10.7 8 ex10_7.htm EXHIBIT 10.7 ex10_7.htm

Exhibit 10.7
 
In re
 
CHARYS HOLDING COMPANY, INC
 
Case No.
 
08-10289 (BLS)
   
Debtor
 
Reporting Period:
 
June 1 through 30
 
STATUS OF POST-PETITION TAXES
 
The beginning tax liability should be the ending liability from the prior month or, if this is the first report, the amount should be zero.
Attach photocopies of IRS Form 6123 or payment receipt to verify payment or deposit of federal payroll taxes.
Attach photocopies of any tax returns filed during the reporting period.
 
Federal
 
Beginning Tax
   
Amount Withheld and/or Accrued
   
Amount Paid
   
Date Paid
   
Check # or EFT
   
Ending Tax
 
Withholding
  $ -     $ 20,721     $ 20,721                     $ -  
FICA-Employee
    -       3,820       3,820                     $ -  
FICA-Employer
    -       3,820       3,820                     $ -  
Unemployment
    -       -       -                     $ -  
Income
    -                                     $ -  
Other:                         
    -                                     $ -  
Total Federal Taxes
    -       28,360       28,360                       -  
State and Local
                                               
Withholding
    -       5,487       5,487                     $ -  
Sales
    -                                     $ -  
Excise
    -                                     $ -  
Unemployment
    -       -       -                     $ -  
Real Property
    -                                     $ -  
Personal Property
    -                                     $ -  
Other:                         
    -       -       -                     $ -  
Total State and Local
    -       5,487       5,487                       -  
                                                 
Total Taxes
  $ -     $ 33,848     $ 33,848                     $ -  
 
SUMMARY OF UNPAID POST-PETITION DEBTS
 
Attach aged listing of accounts payable.
 
   
Number of Days Past Due
 
   
Current
     
0-30
     
31-60
     
61-90
   
Over 91
   
Total
 
Accounts Payable
  $ 88,954     $ 117,403     $ 29,112     $ 1,310     $ 14,787     $ 251,566  
Wages Payable
                                    -       -  
Taxes Payable
                                    -       -  
Rent/Leases-Building
                                    -       -  
Rent/Leases-Equipment
                                    -       -  
Secured Debt/Adequate Protection Payments
                                            -  
Professional Fees
                                    -       -  
Amounts Due to Insiders
    5,892       1,131                       -       7,023  
Other: Routine expenses
                                            -  
Other:                           
                                            -  
Total Post-petition Debts
  $ 94,846     $ 118,534     $ 29,112     $ 1,310     $ 14,787     $ 258,589  
 
Explain how and when the Debtor intends to pay any past due post-petition debts.
Debtor will utilize funds received in payment of management fees to pay the past due debts.