April 18, 2009 6:03 PM EDT
this has been helpful. My concern stems from the fact the owner is using a heavy dose of expenses (like car, travel, rents, etc.) to reduce the taxable income from the company. Don`t get me wrong, I`m not saying its illegal, but it certainly makes it harder for me to see what the actual owner benefit is. I`ll make sure my accountant takes a good look during due diligence.