meaner gene
Diamond Member
- Feb 11, 2017
- 21,909
- 18,114
Because they would have faced a federal felony.how can you be sure???
I doubt the $625 a month he recouped by hiring a 13 year old illegal from El Salvador, would have convinced him to risk going to prison, and having his business confiscated.
Other Potential Penalties
Certain kinds of business tax debt like payroll tax debt can be worse than just owing back taxes. Payroll taxes are handled on behalf of your employees. When you fail to pay those taxes to the U.S. Treasury, it can be considered theft.
This is because a business is considered a delivery agent of those funds rather than the owner of them in the eyes of the IRS. In situations like these, business owners can face serious repercussions.
you could even face criminal charges and prison time. This can occur if you are convicted of willful failure to comply with federal employment tax laws.