"If you’ve ever tempted to monkey around with your company’s payroll records, please…don’t. It’s really not worth it. The story of Hyok “Steven” Kwon and Woo “Stephanie” Kwon in the San Diego Union-Tribune is a very good example why."
This couple effectively performed a 'shell game' with hundreds of people who they 'hired' to work in some of San Diego's most prestigious hotel properties.. This Washington Post article is the perfect 'DO NOT DO IT' read for all small business owners - it's time for you to read it too. www.washingtonpost.com/news/on-small-business/wp/2017/04/11/two-small-business-owners-hide-800-employees-and-now-could-owe-millions/?utm_term=.602f6058e590
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IRS will use private debt collectors, but warns of potential scams
by Jeanne Sahadi @CNNMoneyApril 4, 2017: 5:19 PM ET Debt collectors are coming ... for your years-overdue unpaid federal taxes.The IRS said Tuesday it would start sending letters out this month to taxpayers whose longtime unpaid tax debts are being farmed out to authorized private debt collection firms. The private debt collection program was created by a federal law enacted by Congress in December 2015. Here's the rest of the article Finding it hard to believe? Read it from the IRS yourself: |
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