What is the difference between a civil tax audit and a criminal tax investigation? Shamsey Oloko explained that a civil audit typically results in the taxpayer owing money, which could be a small or large amount, or sometimes no penalty…
There are numerous types of payroll taxes that an employer must withhold from their employees’ paychecks or pay to the government. These payroll taxes may include the following: Social Security Medicare (FICA) Federal income tax withholding Each of these payroll…
The usual rule in any legal matter is that two spouses are treated as the same entity by virtue of their marriage. Typically, when spouses file joint tax returns, each one of them is jointly and severally liable for the…