Professional C Corp Denied Deduction For Uncashed Salary Check To Owner

You can get yourself in a lot of trouble writing a check without the funds to cover it.  But if you write the check to yourself and never cash it what's the harm?  And who's going to know? Robert F. Vanney of Vanney Associates Inc. found that it can be awfully expensive.  It was actually Vanney Associates that wrote the check to Mr. Vanney, but since he is the sole stockholder,  chief executive officer, chief financial officer, vice president of marketing, vice president of operations, and...