The IRS can pursue you personally if the company fails to pay the taxes. The civil penalty is 100% of the taxes not collected, and criminal liability is possible too.

Taxing the wealthy may be a popular solution, but it isn't a fix-all for America's leading retirement program.

TaxRock details how its AI tax compliance platform reduces reliance on reactive IRS monitoring for accounting firms, ...

IRS does not allow undoing a prior transaction as if it never occurred. You cannot amend your prior year tax return to ...

Some Rhode Island state workers are still having paycheck problems, as another payday passes. It's been three months since the state launched a new $95 million payroll system. Leaders for state worker ...

Very few at the very top gain more and more tax advantages…the lower and middle class aren’t really seeing a benefit,” Martha Shedden told Fortune.

Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax ...

It is important to know your actual income after taxation to be able to plan your finances, career choices, and salary bargaining. Nevertheless, different countries have different tax systems, ...

The MLBPA still considers a league salary cap a non-starter in labor talks, and Bruce Meyer described why it's not a panacea ...

Automation and Artificial Intelligence (AI) are no longer “future concepts.” They are already reshaping how finance teams work, how decisions are made, and what is expected from accountants, Chief ...

Explore accounting career opportunities in Nigeria, including roles like financial accountant, tax advisor, management ...

Christine Downing’s phone told a story. Over the course of a multi-hour hearing Tuesday afternoon, the SAU 75 superintendent ...