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SEC Filings

8-K
COSI INC filed this Form 8-K on 01/20/2017
Entire Document
 

Cosi, Inc.
Case No.
16-13704-MSH
     
Debtor
Reporting Period
11/29/16-01/02/17
       
 
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 and all applicable state and local forms and/or all federal, state, and local payment receipts to verify payment of taxes.  Attach photocopies of any tax returns filed during the reporting period.
 
 
Beginning
Amount
 
 
 
Ending
 
Tax
Withheld or
Amount
Date
Check No.
Tax
 
Liability
Accrued
Paid
Paid
or EFT
Liability
 
 
 
 
 
 
 
Federal
 
 
 
 
 
 
Income Tax Withholding
           79,429.02
         208,598.50
        (208,415.91)
 
 
           79,611.61
FICA-Employee
           59,286.28
         163,221.78
        (162,683.86)
 
 
           59,824.19
FICA-Employer
           59,223.60
         163,018.49
        (162,480.57)
 
 
           59,761.52
Unemployment
               735.34
            1,960.96
           (1,950.23)
 
 
               746.07
Income
                      -
 
 
 
 
                      -
Other:
                      -
 
 
 
 
                      -
Total Federal Taxes
         198,674.23
         536,799.73
        (535,530.57)
                      -
                      -
         199,943.39
   State and Local
 
 
 
 
 
 
Income Tax Withholding
           27,380.44
           74,808.66
          (74,624.01)
 
 
           27,565.09
Sales
         346,443.93
         366,617.17
        (393,415.44)
 
 
         319,645.66
Excise
                      -
 
 
 
 
                      -
Unemployment
            8,409.13
           22,937.55
          (22,788.48)
 
 
            8,558.20
Real Property (Real Estate Taxes)
           63,595.00
           11,257.00
                      -
 
 
           74,852.00
Personal Property
           21,011.00
            5,740.08
           (5,890.08)
 
 
           20,861.00
Other: City, County, Local, Misc Taxes
            7,757.47
           20,633.58
          (19,799.28)
 
 
            8,591.77
Other: Commercial Rent Tax
           23,673.66
            7,891.00
          (23,673.66)
 
 
            7,891.00
Total State and Local
         498,270.64
         509,885.04
        (540,190.95)
                      -
                      -
         467,964.73
Withholding for Employee Healthcare
                 65.96
               173.51
              (173.51)
 
 
                 65.96
Premiums, Pensions & Other Benefits
            1,991.93
           12,792.07
           (9,051.05)
 
 
            5,732.95
Total Taxes
         699,002.76
      1,059,650.35
     (1,084,946.08)
                      -
                      -
         673,707.03
 
SUMMARY OF UNPAID POST-PETITION DEBTS
Attach aged listing of accounts payables
 
 
Number of Days Past Due
 
Current
0-30
31-60
61-90
Over 90
Total
Accounts Payable
         201,643.19
           76,980.71
           46,108.74
 
 
 
Wages Payable
         142,477.18
 
 
 
 
 
Taxes Payable
         660,017.78
 
 
 
 
 
Rent/Leases-Building
                      -
 
 
 
 
 
Rent/Leases-Equipment
                      -
 
 
 
 
 
Secured Debt/Adequate Protection Payments
      3,669,127.00
 
 
 
 
 
Professional Fees in AP
           76,426.40
           85,458.80
           11,176.00
 
 
 
Professional Fees in Accruals
         294,584.56
 
 
 
 
 
Amounts Due to Insiders*
            7,115.39
 
 
 
 
 
Gift Cards
           41,839.09
           15,157.16
 
 
 
 
Other: Percentage rent
           21,831.71
 
 
 
 
 
Other:
         680,756.21
 
 
 
 
 
Total Postpetition Debts
      5,795,818.50
         177,596.67
           57,284.74
-
-
-
 
Explain how and when the Debtor intends to pay any past-due post-petition debts.
In due couirse with proceeds from operations supplemented by DIP Financing.
     
 
     
 
     
             
*"Insider" is defined in 11 U.S.C. Section 101(31).
       
MOR-5
           
9/04
 

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