Tip - Fail To Pay Payroll Tax: Go To Jail

Published  | Submitted by Chris Goeschel
Fail To Pay Payroll Tax: Go To Jail

Do not pass go, do not collect $200, go directly to jail. When an employer withholds taxes but fails to send this trust fund money to the IRS, the agency gets serious.  If you fail to pay and are a “responsible person” the IRS can pursue you personally even if [...]
Tags: Taxes and Law,taxes,Personal Finance,Options,Investing,Entrepreneurs,Business,Taxes & Law,Employment,Internal Revenue Service,IRS tax forms,Law,Robert W. Wood,Robert W. Wood (attorney),Settlement (litigation),Small Business,Tax,Tax Court,Tax return (United States),Taxation,Taxation in the United States,Wood LLP

About Author

More by Chris Goeschel

About This Tip

Posted: 9 years, 5 month(s) ago

111 Reads
0 Votes