.jpg)
Advances against future earnings
I imagine they are taxed at the time of the advance, so I think the IRS and
the UST sees them as income. The statute also has the word "received" I
believe, and I focus on that as opposed to the time period to which the
earnings are derived.
The post was migrated from Yahoo.
Are advances an employer makes against future commissions of an employee
income to the employee for means test purposes.
And, are these advances treated as loans which are dischargeable in a
bankruptcy case and recoverable as a preference when the commissions are
earned?
*************************
Mark J. Markus
Law Office of Mark J. Markus
11684 Ventura Blvd. PMB #403
Studio City, CA 91604-2652
(818)509-1173 (818)509-1460 (fax)
Toll Free: 1-866-576-6275
web: http://www.bklaw.com/
This Firm is a Qualified Federal Debt Relief Agency (see what this means at
The post was migrated from Yahoo.