Michael E. Davis, CPA, PA - Certified Public Accountant

Michael E. Davis, CPA, PA - Certified Public Accountant Certified Public Accountant

10/05/2011

It's tough to get out of paying payroll taxes. When you withhold tax money from employees but fail to give it to the IRS, they will come after you. Quite rightly, the IRS views it as government money, a trust fund belonging to the IRS. In a cash-strapped business, keeping the [...]

08/26/2011

You may think the IRS pursues all taxes equally but they don't. The IRS is especially vigorous in going after payroll taxes withheld from wages that somehow don’t get paid to the government. This is trust fund money that belongs to the government and was withheld from wages.

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Myrtle Beach, SC
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