JustAnswer > Tax
Ask A Question|Register|Login|Help
JustAnswer

Tax

Ask a Tax Question, Get an Answer ASAP!

Have your own Tax question?

6 Tax Professionals are Online Now
characters left:
Not a Tax Question?

Related Tax Topics:

  • Irs
  • ,
  • Pay
  • ,
  • Tax
  • ,
  • File
  • ,
  • Form
  • ,
  • Laws
  • ,
  • Paid
  • ,
  • Time
  • ,
  • Taxes
  • ,
  • Checks
Bookmark and Share

Question

If I managed a business for a corporation and the business was struggling to survive and I was told to muttle through paying all the bills including payroll taxes am I liable for those taxes?

Submitted: 16 days and 2 hours ago.
Category: Tax
Value: $15
Status: CLOSED
+
Read More

Optional Information

State/Country relating to question: Oregon

Already Tried:
Nothing

Accepted Answer

Hello cbunker,

 

If your company does not pay in the payroll taxes that were withheld from employees' checks, if you are involved in the payroll process then you could be held personally responsible for those taxes.

 

Typically the IRS would go after the business itself and then the owners of the company before they would resort to collection of these taxes from an employee. But with payroll taxes, it is a possbility that anyone at all who works for the company and their job involves payroll, that person can be held personally responsible if the company does not pay in the taxes that it collected from payroll.

 

If this was helpful please press the Accept button. Positive feedback is also appreciated.

 

Thank you XXXXXXXXX

 

 

Picture
Expert: Merlo
Pos. Feedback: 99.8 %
Accepts: 
Answered: 11/5/2009

Accountant

25+ years tax consulting. Specializing in returns for US citizens living abroad

16 days and 2 hours ago.

Reply

What should I do now that I have left the company and have no control over the payment of those taxes?

Posted by Merlo 16 days and 2 hours ago.

Info Request

Hello again cb,

 

Do you know if the taxes had been paid in up to the time before you left the company?

 

 

16 days and 2 hours ago.

Reply

The taxes were behind when I left.

Posted by Merlo 16 days and 2 hours ago.

Answer

Hello again XXXXXXXXX,

 

You should file Form 3949A with the IRS which is an informational report used to report taxpayers or businesses who are not complying with the tax laws.

 

You can explain your situation on that form, and also explain that this is the reason you left the company.

 

It is rare that the IRS actually needs to go after the employee in a situation like this, but filing this form with the IRS will alert them to the fact that you left this company due to their non compliance.

 

Thank you cb

 

 

+
Read More

Related Tax Questions

  • can i claim my boyfriend if we live together and he only wor...
  • I have had major dental work done this year.First I have bo...
  • I only worked for a few months from home and I made $1421.00...
  • Can I claim head of house if my son didn't marry until Novem...
  • Earlier this year, as part of a corporate buyout/merger, my
  • Home office used for C-corporation
  • How do I treat construction costs and G&A for a model home
  • Is it possible to claim someone else's spouse as a dependent...



Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.
Question List | Become an Expert | Terms of Service | Security & Privacy | About Us
© 2003-2009 JustAnswer Corp.