QUESTION
Will this change cause the owner to be taxed for years unpaid by the IRS?
Asked on Aug 14th, 2013 on Taxation - New Jersey
More details to this question:
I am assigned to do payroll for a small business which was in operation for a decade now. The owner would like to begin filing taxes for its employees (which are few but 11 to be exact).
2 ANSWERS
Bankruptcy Attorney serving Florissant, MO
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Law Offices of Thomas Corcoran Phipps
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If the owner is the responsible party, the IRS ma pursue him for the taxes.
Answered on Aug 15th, 2013 at 5:12 PM
General Law Attorney serving Cherry Hill, NJ
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Mark S. Cherry, Attorney at Law, PC
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The owner is responsible to self report payroll for all periods.
Answered on Aug 15th, 2013 at 11:11 AM