2007-12-20 15:16:38 · 3 answers · asked by firenice 2 in Business & Finance ➔ Taxes ➔ United States
The thing is typically, there is no benefit to the public, or an individual for turning an employer or other individual in to the IRS for tax evasion.
in fact, if u work for said individual or employer, you can often times end up "shooting yourself in the foot" by realizing that since your employer didn't pay your portion of the taxes either, that you'll end up being liable for the taxes he failed to withhold from u.
proceed with caution.
2007-12-20 16:40:32 · answer #1 · answered by PacificHR S 6 · 0⤊ 1⤋
It happens all the time, and it's usually the bookkeeper that turns them in once they discover that THEY can be held personally liable for the unpaid taxes if their job duties included calculating and/or paying the taxes.
Other employees don't have to worry about unpaid withholding taxes as long as they have evidence of what was withheld from their pay. That's the other way that tax cheat businesses are caught out, when an employee files a tax return based upon their pay stubs because they didn't get a From W-2 from the employer.
2007-12-20 23:25:24 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
I tried to nail him for tax fraud but the statute of limitations was like 2 years. I didn't learn until four years later that I am the one who paid for his crime. Make sure you do it within the IRS's time lines.
2007-12-20 15:26:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋