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How IRS Proves Trust Fund Liability
READ MORE Posted November 05, 2013 at 01:19 PMMy Trust protects my assets correct? No!
My Trust protects my assets correct? No! I hear this every week. For some reason there is a common misunderstanding that once a person has a Trust that all assets placed in the trust are protected from all creditors, including the IRS, the State, Consumer Creditors, Banks, Judgment, etc. Nothing is further from the truth! The Trust only protects your assets upon death. It allows your assets to go to the designated heirs. That is it. Nothing more.&nbs... READ MORE Posted October 16, 2013 at 09:15 AMEmployer's Failure To Pay Employee's Taxes Turns Criminal
This case recently came out regarding an owner of a company who continued to fail to pay over payroll tax to the IRS. In that case the owner was sentenced to prison and appealed his sentence. The sentence was upheld. All taxpayers should be aware of this case because the IRS has great power to convert any failure to pay the employee's taxes into a criminal matter. Further, to the extent that the owners continue to fail to make payroll tax deposits increases the chance of cri... READ MORE Posted October 16, 2013 at 08:51 AMMoore and Affiliates, PLC Connections
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