As stated on the Tax Resolution Services’ Payroll Tax Problems webpage, “Borrowing from payroll taxes is against the law and can land you in prison”.  Well, embezzling from payroll taxes will land you in prison, like this office manager from Illinois who embezzled from the employee benefit plan and failed to pay employment taxes.  She took a gamble that she wouldn’t get caught by the IRS and she lost!
An Illinois
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With 2009 drawing to a close, many business owners may be looking at their bottom line and pondering additional ways to save money for the upcoming 2010 year. While skimping on paying payroll taxes may get you in deep IRS trouble, educating yourself on acceptable ways to save financial resources will help your business survive and thrive.
The most effective way to go about this is to understand the tax incentives
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In this weak economy, many individuals and businesses - both big and small - are struggling to make their payroll tax deposits and many are falling behind.
Payroll tax problems can be the “kiss of death” for many business owners as IRS penalties can add up quickly! Payroll tax debt should not be taken lightly -  IRS levies on wages and bank accounts can cause you to lose your business!
Popular radio
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President Obama announced an overhaul of the tax code to “detect and pursue” U.S tax evaders and go after their offshore tax shelters.
The President’s two-part plan calls for nearly 800 new IRS agents to enforce the U.S. tax code - and help wage war against multi-national corps and their offshore tax havens.
Under the current tax code, companies with operations overseas pay U.S. taxes only if they bring the profits back
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I recently blogged about the new economic stimulus package and how it affects your IRS bill. In addition to funding deficit-reduction activities, the federal government is looking at ways to close the tax gap by taking a closer look at employment tax returns.
According to the most recent estimates, payroll tax mistakes cost the IRS $15 billion - and tax experts agree that today’s figure is much greater! For several years
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Check out my small business tax tips on AccountingSolver.com: Don’t Let Payroll Taxes Sink Your Small Business.
There are plenty of ways to bring down the wrath of the IRS, but failing to file and pay payroll taxes is one of the swiftest and most efficient ways to close your doors. Trouble with payroll taxes can be the downfall of otherwise successful small businesses. I’ve been picking the brain of tax
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I was recently approached to write a guest article for resourcenation.com, a great site for anyone interested in planning, starting and growing a business! In addition to helping business owners and managers identify qualified vendors, the site also features great articles from industry experts!
Check out my tax expert article: With IRS Audits on the Rise, Knowing How to Avoid or Resolve a Tax Audit Could Save You Money and Protect
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Far too many business owners and individuals are looking over their shoulders in fear of the IRS. I appeared as the guest tax expert on Strictly Business on BlogTalkRadio.com earlier this month to share some insider secrets of tax relief with business owners and individuals struggling to overcome their tax burdens.
I discussed some of the tax resolution strategies we employ with the program’s host Anna D. Banks, a business coach
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Please join me on Wednesday, December 31 at 10:00 AM (PST) on Blog Talk Radio for a live 1-hour installment of Business Matters - Where Your Small Business Matters. I will be discussing more year-end tax tips for small businesses with host Regina McRae, owner of Grandma’s Secrets, New York’s only dessert delivery company. This is a great show for anyone who runs their own company because Regina discusses important
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A Missouri man was charged with failing to pay employment taxes after he had collected them from his employees.
Paul Scott King Jr. was an officer of two corporations, Nurses Now LLC and Ichor Health Services. According to the indictment, King deducted and collected from the total taxable wages of the corporations’ employees income taxes and did not pay them to the IRS. The amounts owing, according to the indictment, is
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