"Do not pass go, do not collect $200, go directly to jail. When an employer withholds taxes but fails to send this trust fund money to the IRS, the agency gets serious. If you fail to pay and are a “responsible person” the IRS can pursue you personally even if you aren't an owner of the business. In fact, the IRS can assess a Trust Fund Recovery Assessment, also known as a 100-percent penalty, against every responsible person."
Modern Healthcare: "The slow—then rapid—decline of a rural Tennessee hospital" June 3, 2019
"Jamestown (Tenn.) Regional Medical Center is likely nearing closure after the CMS announced it will cut off payments to the hospital, which owes more than $4 million to hundreds of vendors and lacks critical supplies. The nearly 60-year-old hospital has experienced financial struggles and ownership changes over the years, but its descent swiftly accelerated after Rennova Health bought the hospital in 2018 from Community Health Systems." [much more...]
News 
Market Data 
Discover 
AI
