Basically if someone is asked to alter documents to show less sales tax received than actually received, and this person does it, how much liability is on them? Because if the person turns them in or refuses to do it they will loose their job, but if they do it knowing it is illegal how much trouble will they get in?
2007-07-13 04:40:56 · 6 answers · asked by badneighborvt 3 in Business & Finance ➔ Taxes ➔ United States
Are you sure that your employer's request is improper, or is he asking you to make corrections on the amount of the sales tax.
If you have personal knowledge that what he is asking is not correct, then you should very nicely say to him that you are not comfortable making those corrections, since you have knowledge that the additional sales tax was received.
Sales tax received is a pass-through and does not result in additional taxes to the business. I guess what he is trying to do is lie about the sales tax and keep it rather than passing it on.
If you cooperate with him in cooking his books, you are as liable for any additional taxes due as he is. The state may try to collect from you, including your personal assets.
2007-07-13 05:37:20 · answer #1 · answered by ninasgramma 7 · 2⤊ 0⤋
needless to say, as your company owns the employer, he has a lot extra on the ball than you do relative to payroll and taxes... He could allow you to comprehend he has a $20,000 activity and additionally you'll be able to think of getting 10% of that to be stable pay... properly, it may desire to no longer be so stable the two because of the fact he bids the activity based in area on payroll expenses and which contain taxes besides. What precisely are what he calls payroll taxes, you do no longer say...? There are numerous witholding taxes shown on your pay stub...look at them and additionally you would comprehend... Your company deducts taxes utilising a chart of salary escalation...earn extra, pay extra...! All payroll taxes blended regular a minimum of 18% and in many situations are extra based upon the state and city and county you reside in and the comparable for the place the employer place of work is... most of the taxes he now pays 7% as his share and additionally you Pay 7% on your share... There are numerous taxes to be paid and all are categorized as a payroll tax... As you seem to comprehend so little, my suggestion is which you abort this theory as you will in no way have get right of entry to to the real greenback bid of a decreased in length activity to start with... No company grants you those precise figures...because of the fact of this he's the boss and additionally you are the worker...! beware...! you may do a lot extra effective for your self to invite for an advantage share for jobs performed on time or until now than envisioned, i'm confident... undergo in ideas additionally that he does the bidding and if he underbids a job he incredibly can not pay an advantage and additionally you'll be able to desire to bypass domicile with much less pay than you do now if in basic terms on a 10% salary ingredient... do somewhat prognosis domestically and ask some acquaintances on your variety of contractor paintings and additionally you gets some sound solutions... stable success...
2016-12-10 10:58:22 · answer #2 · answered by ? 4 · 0⤊ 0⤋
If you go along with it you will also get in trouble. There are laws called "whilstleblower" laws that protect you from having to do such things though. Check what the specifics are in your state. Basically these laws state that an employer can't terminate you for refusing to do something that is illegal or reporting such a thing to the proper authorities. Which is what you should do. Compliance on your part implicates you.
2007-07-13 04:45:19 · answer #3 · answered by Anonymous · 3⤊ 0⤋
Both you and your employer, and the person who asked you to alter the documents can be convicted of fraud and conspiracy to commit fraud. Not only could you go to prison, you would also have to make restitution for all monies.
2007-07-13 04:49:36 · answer #4 · answered by CRAIG C 5 · 0⤊ 0⤋
Among other things, they could be held personally liable for the taxes due plus any penalties and interest. They could also be prosecuted for tax evasion.
No job is worth that.
2007-07-13 04:44:40 · answer #5 · answered by Bostonian In MO 7 · 3⤊ 0⤋
Either way, if the revenue service finds out, they would put your boss at task and you'd loose your job any way !
Please don't do it. It's unethical and in the long term will get right back at you !
2007-07-13 04:46:11 · answer #6 · answered by jaffermaniar 2 · 1⤊ 0⤋