Who Is Responsible For Your Company’s Unpaid Taxes?
Corporate officers and owners often have a responsibility to ensure that all taxes are properly collected and remitted to the government. These funds are the company’s, non-remittance is viewed stealing from the government that they belong to. As an officer in the company, the government can hold you personally liable for unpaid taxes. This could result in the government putting a lien on any and all of a responsible officer’s assets like a house, seizing bank accounts and wage garnishment.
Assessments can be defended, and oftentimes the government is wrong about on whom the responsibility lies. A tax attorney at Goldburd McCone LLP can help you defend yourself in such an assessment and protect your assets from being seized.