Tip - Failing To Pay Employment Taxes Means Personal Liability

Published  | Submitted by Ian Dick
Failing To Pay Employment Taxes Means Personal Liability

Image via bills.com Employers have a duty to withhold taxes from employees. That’s one reason the IRS likes employees better than independent contractors. See IRS, DOL And States Mount Independent Contractor Attack. The IRS gets its tax money sooner and more reliably by withholding, causing some people to believe that someday [...]
Tags: Business,Entrepreneurs,Financing,Investing,Personal Finance,taxes,Taxes and Law,Washington,Taxes & Law,100% Penalty,employment tax,Income tax,Internal Revenue Service,IRS tax forms,Law,Lawsuit,payroll tax,Payroll taxes,Robert W. Wood,Robert W. Wood (attorney),Small Business,Tax,Tax avoidance and tax evasion,Tax Court,Tax return (United States),Taxation,Taxation in the United States,trust fund penalty,Trust fund taxes,Wood LLP

About Author

More by Ian Dick

About This Tip

Posted: 9 years, 5 month(s) ago

108 Reads
0 Votes