Status of Post-Petition Taxes filed with the United States Bankruptcy Court, District of Delaware, on June 20, 2008, Case No. 08-10289

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:    
May 1 through 31
  

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
   $ -     $ 21,529     $ 21,529             $ 43,058  
FICA-Employee
     -       4,296       4,296               8,592  
FICA-Employer
     -       4,296       4,296               8,592  
Unemployment
     -       1       1               2  
Income
     -                               -  
Other:
     -                               -  
Total Federal Taxes     -       30,122       30,122                 60,244  
State and Local
                                          
Withholding
     -       5,775       5,775                 11,550  
Sales
     -                                 -  
Excise
     -                                 -  
Unemployment
     -       45       45                 90  
Real Property
     -                                 -  
Personal Property
     -                                 -  
Other:
     -       -       -                 -  
Total State and Local
     -       5,820       5,820                 11,640  
                                           
Total Taxes
   $ -     $ 35,942     $ 35,942               $ 71,884  

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
   $ 192,674     $ 112,208     $ 1,310     $ 22,226     $ -     $ 328,418  
Wages Payable
                                     -       -  
Taxes Payable
                                     -       -  
Rent/Leases-Building
                                     -       -  
Rent/Leases-Equipment
                                     -       -  
Secured Debt/Adequate Protection Payments
                                             -  
Professional Fees
                                     -       -  
Amounts Due to Insiders
     15,466                               -       15,466  
Other: Routine expenses
                                             -  
Other:
                                             -  
Total Post-petition Debts
   $ 208,140     $ 112,208     $ 1,310     $ 22,226     $ -     $ 343,884  

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.