I have a client that is running for Congress and

a 1120POL is due on 7-15-09. The campaign has collected money but has only a noninterest barren account. So the interest is under the 100.00 requirement. Should we still file the 1120POL anyway.

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>>Should we still file the 1120POL anyway<<

Of course not. This disclosure stuff is for the birds. Nobody ever reads a candidate's financials anyway. Or if they did, you certainly wouldn't want to emphasize that you're not pulling in enough to get a decent return.

Is your opponent an experienced politician? 'Cause I'm sure he would encourage you to miss that mandatory deadline.

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Ya, right! Nobody reads them except their opponents and the media - and with a fine tooth comb.

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