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Wednesday, May 15, 2013 10:42:45 AM
"Why would a 70 year old lady....."
Read up on personal liability for social security withholding when one has "checkwriting authority" at a company. This isn't a matter of Linda didn't pay her own taxes. IMDS used employee's social security withholding to pay IMDS expenses. Withholding is not iMDS's money. It belongs to the employee to be deposited in the government trust fund.
That's a crime punishable with jail time and it is a favorite of the government to prosecute. $20-50 grand worth of mis handling will get you 2 years. IMDS owes $1.4 million
http://www.irs.gov/uac/Examples-of-Employment-Tax-Fraud-Investigations-Fiscal-Year-2012
http://www.irs.gov/uac/Examples-of-Employment-Tax-Investigations-Fiscal-Year-2013
Read up on personal liability for social security withholding when one has "checkwriting authority" at a company. This isn't a matter of Linda didn't pay her own taxes. IMDS used employee's social security withholding to pay IMDS expenses. Withholding is not iMDS's money. It belongs to the employee to be deposited in the government trust fund.
That's a crime punishable with jail time and it is a favorite of the government to prosecute. $20-50 grand worth of mis handling will get you 2 years. IMDS owes $1.4 million
http://www.irs.gov/uac/Examples-of-Employment-Tax-Fraud-Investigations-Fiscal-Year-2012
http://www.irs.gov/uac/Examples-of-Employment-Tax-Investigations-Fiscal-Year-2013
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,
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