Understanding the Consequences of Employment Tax Crimes and Incarceration Risks
Employment Tax Crimes: The Risks of Incarceration
When people think of criminal tax cases, they often picture high-profile celebrities facing off against federal authorities. However, the truth is that any business owner or employer can find themselves in hot water due to employment tax issues. Mismanagement or neglect regarding employment taxes can lead not only to hefty fines but also to potential prison sentences.
Understanding Employment Taxes
In the United States, employers are required to withhold certain amounts from their employees’ wages for federal income tax, Social Security, and Medicare. These are often referred to as
Topics Financial Services & Investing）
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