Unpaid Payroll Taxes: The Quickest Way to Prison

Not withholding payroll taxes or failing to pay the proper payroll taxes is a crime. Unfortunately, many small business owners and tax professionals are unaware of the severe civil and criminal penalties. This presentation is for tax professionals who will be exposed to payroll tax problems. Every year the IRS puts in prison small business owners and responsible parties for employment tax crimes.

This course explains the perils of unpaid payroll taxes, how to identify potential criminal acts, and what tax professionals can do to protect themselves and their clients.

Program Content:
The major topics covered in this class include:

• The role of IRS in prosecuting criminal employment tax violations
• The federal statutes that require employers to withhold employee taxes
• The definition of “responsible party”
• The civil and criminal penalties for failing to comply with tax withholdings
• The considerations by federal judges in sentencing

Who should attend: CPAs, small business owners, and tax professionals