Collection and payment of employment taxes to the U.S. Treasury funds programs like Social Security, Medicare, and federal unemployment. Failure to withhold and turn over payroll taxes can lead to a penalty against those responsible, which can be...
Read MoreA successful businessman crosses the line into employment tax fraud and is going to prison. A short but sadly common story for some individuals responsible for paying over employment taxes to the Internal Revenue Service (IRS).
Read MoreThe Internal Revenue Service (IRS) puts enforcement of employment tax responsibilities at the top of its list. Discrepancies in reporting and payment of employment taxes can trigger a civil or even criminal tax audit.
Read MoreEmployers in the U.S. are required to collect employment taxes and pay them over to the Internal Revenue Service (IRS). Not only that but responsible parties are expected to do so in a timely and correct manner. Not surprisingly, if there is an...
Read MoreAn Illinois woman was sentenced for failing to file personal and business tax returns.
Read MoreEmployers in Ohio and across the U.S. are obligated to collect, report, remit, and document taxes withheld from employees that are paid over to state coffers and the U.S. Treasury. Failure of that duty can lead to personal liability for business...
Read MoreThe temptation is too great—a business owner siphons employment taxes to fund the business or his lifestyle. You may be falling behind on paying over withholding taxes right now, but are convinced no one will notice. But what if the IRS already...
Read MoreMaybe it was a payroll tax issue that got away from you. For some, it is foreign bank accounts used but not reported. Or—a large-scale tax fraud and you are just tired of looking over your shoulder for the Internal Revenue Service (IRS). Are you...
Read MorePayroll tax crimes are common and usually avoidable. The plight of one business owner highlights the federal obligation to pay over employment taxes to the Internal Revenue Service (IRS).
Read MoreThe annual report from the Criminal Investigation Unit of the Internal Revenue Service for the fiscal year 2022 was released recently. In a branding departure, the cover of the report offers a cross-section of smiling, engaged IRS: CI agents, as...
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