Department of Justice Signals Increased Prosecution for Failing to Pay Employment Tax

If you are a regular reader of this blog, you are aware that the IRS and the United States Department of Justice are now vigorously pursuing employment tax violations and are referring more cases for criminal prosecution. If you are…

November 29, 2016

IRS Increases Criminal Prosecutions for Failing to Pay Employment Tax

If you are a business owner and have employees, you are required by law to withhold tax from your employees and to pay those funds to the IRS when required to do so by law.  The tax withheld from employees…

November 27, 2016

United States Government Ran a $587 Billion Budget Deficit During Fiscal 2016

During fiscal year 2016, the federal government took in $3.27 trillion.  However, it spent $3.85 trillion, resulting in a budget deficit of $587 billion. Individual income taxes brought in $1,546 billion and Social Security and other payroll tax brought in…

November 21, 2016

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