07/02/2012
It seems counterintuitive, but you can use your consent to extend the statute of limitations on payroll tax assessments as leverage with auditors. But only if the proper party signs Form SS-10, Consent to Extend the Time to Assess Employment Taxes. The IRS has concluded in emailed advice that a single-member LLC owner is the correct party to sign.
06/27/2012
Record numbers of bankruptcies and foreclosures have been making a big splash in the news for the past four years. However, a quieter phenomenon—one fraught with traps for unwary employers—is a concurrent and growing trend of court-ordered or government-issued wage garnishments.