Tax Law Blog

It is less than an hour's drive from Cleveland out to Portage County. The area is home to the Village of Garrettsville, known for its maple syrup and pastoral setting. It is also the hometown of Jonathan M. Lawrence, the CEO, founder and president...

Many Chicago business owners have faced difficult cash flow problems; problems that come with temptations. The possibility of using withheld payroll tax monies that were deducted from employee paychecks to keep the business's doors open can be...

It happens every day: smart, motivated people escape the corporate grind by starting their own businesses. Unfortunately for many of them, their ventures don't turn profits quickly enough. Under pressure to keep their enterprises alive, some will...

A husband and wife duo in West Virginia have been indicted by a federal grand jury with charges of federal employment tax violations.  If convicted, they face a statutory maximum sentence of five years in prison and a maximum fine of $250,000 for...

It is not uncommon for businesses struggling to pay their bills to fall behind on their payroll tax payments. Falling behind can create an array of financial and legal problems, however.

Today, I am sharing the article below posted from the United States Department of Justice that may hit home for some business owners. Don't forget that the IRS means business when it comes to tax fraud. If the IRS cannot secure your tax returns, it...

When you own a Cleveland business and pay employees, you must withhold federal payroll taxes. Payroll taxes include federal income taxes and social insurance taxes (paying for Social Security and Medicare). When these taxes are withheld from...

About an hour's drive straight south of Columbus, you will come to Chillicothe... Ohio's first capital. It's the home of the Majestic -- "America’s oldest continuously operating theater," its owner's claim -- which has hosted performances by Laurel...

April 15th has come and gone. If you are reading this, you have survived and are now very relieved. But for some of us, it was a bit like being on the Titanic. Some history buffs might recall that the great ship hit an iceberg just before midnight...

Federal and state governments have numerous programs that provide aid to retired, unemployed and disabled workers. Programs like Social Security, Social Security disability and Medicare are funded in part by employee payroll taxes. To ensure for the...