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Posts Tagged failure to pay tax

Feds Proposed New Felony Tax Crime Has Implications For Those Overseas

by Brian Mahany Tax evasion is a felony. Prosecutors must prove that the person accused possessed a willful intent to evade taxes and committed some affirmative or overt act of evasion. Mere failure to pay taxes or file returns are misdemeanors punishable by no more than a year in prison. The difference is the required [...]

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Being Broke No Excuse For Failing To Pay Trust Fund Taxes

by Brian Mahany In this economy, many of us struggle to meet day to day obligations. Just look at the national statistics and one realizes that tens of millions of homeowners can’t even make their mortgage payments.  Small businesses are especially hurting as they struggle to keep doors open and make payroll.  A recent federal [...]

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