03/21/2019
Company executives who are responsible persons may be on the hook for 100% of their company’s undeposited payroll taxes. That’s bad enough. But there are worse fates out there for execs and companies that don’t take their payroll tax liabilities as seriously as the IRS does. Two recent cases are illustrative.
03/21/2019
Following proposed regulations that were issued last year, final regulations prohibit employees from becoming independent contractors—either by quitting or being fired—to qualify for the 20% deduction for qualified business income.