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Who Is Liable For Corporation Tax: Everything You Need …

    https://www.upcounsel.com/who-is-liable-for-corporation-tax
    In the case of corporations, they are viewed as separate entities from the owners, therefore the owners do not include the taxes for the business in with their personal income taxes. Even though the company’s owners may not personally be on the hook for having to pay corporate taxes, if they are employed by the company, then they will have to pay personal taxes on that income.

Officers' Personal Liability for Their Company's Unpaid …

    https://www.forbes.com/sites/stephendunn/2011/11/13/officers-personal-liability-for-their-companys-unpaid-taxes/
    States have parallel schemes for holding officers personally liable for their business’ undeposited taxes. Michigan law, for example, provides that any Michigan tax which a business incurs but...

Liability of corporate officers in tax cases - PwC

    https://www.pwc.com/ph/en/taxwise-or-otherwise/2016/liability-corporate-officers-tax-cases.html
    In a recent decision promulgated on Jan. 4, the Court of Tax Appeals (CTA) sitting en banc had the opportunity to settle the issue of whether the officers of a corporate taxpayer may still be held solidarily liable for the civil liabilities attached to a tax offense even if they are acquitted in the criminal aspect of the case.

Shareholder Liability For Corporate Income Tax?

    https://www.taxlawforchb.com/2017/02/shareholder-liability-for-corporate-income-tax/
    When these taxes are not collected or are not remitted by the taxpayer, the IRS is generally authorized to “collect the tax” from any “responsible person” who was required to collect, truthfully account for, or pay over any tax withheld but failed to do so. In the case of a corporate taxpayer, this may include an officer or employee of the corporation who, as such, is under a …

OFFICER’S PERSONAL LIABILITY FOR CORPORATE UNPAID …

    https://hcbtax.com/2017/12/19/officers-personal-liability-corporate-unpaid-taxes-new-york-state-perspective/
    The answer to this is “YES”. States do not “discriminate” from imposition of various procedures to levy taxes, including assessing personal judgements against owners, directors, officers, partners or even employees of an entity A recent New York State case is a reminder that officers can be held personally liable for their company’s unpaid taxes.

Officers of a Company can be Personally Liable for the Company’s ...

    https://thecorpsecblog.com/2013/07/08/officers-of-a-company-can-be-personally-liable-for-the-companys-failure-to-collect-or-remit-sales-taxes/
    Officers of a Company can be Personally Liable for the Company’s Failure to Collect or Remit Sales Taxes. Posted on July 8, 2013 by The Corporation Secretary. Under most state tax laws, the tax authority of the state has the option to pursue collection of unpaid sales taxes against any individual who has the authority within a company for the collection and …

Personal Liability of Corporate Officers - UpCounsel

    https://www.upcounsel.com/personal-liability-of-corporate-officers
    Typically, a corporate officer isn't held personally liable, as long as his or her actions fall within the scope of their position and the parameters of the law. An officer of a corporation may serve on the board of directors or fulfill a managerial role. A corporate officer may also be: A shareholder A regular employee

Are you Personally Liable for Your Company's Payroll …

    https://www.friedmanllp.com/insights/are-you-personally-liable-for-your-companys-payroll-taxes
    When a business fails to remit payroll taxes, the IRS has the authority to collect those taxes from “responsible persons,” including certain shareholders, partners, officers and employees. The IRS takes an expansive view of who constitutes a responsible person. Definition of a responsible person

CFOs Face Liability for Business Taxes - CFO

    https://www.cfo.com/accounting-tax/2015/01/cfos-face-liability-business-taxes/
    It is hard enough to be a CFO of a company that’s struggling financially; it is worse when that role leaves finance chiefs themselves owing tax that the company should have paid. State and federal tax laws often provide that “responsible persons” are personally liable for unpaid business taxes, particularly “trust fund” taxes collected from third parties, such as wage …

S Corporation Employees, Shareholders and Corporate …

    https://www.irs.gov/businesses/small-businesses-self-employed/s-corporation-employees-shareholders-and-corporate-officers
    Such payments to the corporate officer are treated as wages. Courts have consistently held S corporation officers/shareholders who provide more than minor services to their corporation and receive, or are entitled to receive, compensation are subject to federal employment taxes.

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