State Tax Help

Back Payroll Taxes and State Corporate Officer Liability

Recent cases from Illinois and Ohio regarding the withholding of income taxes offer insights into who the responsible person rules apply to at the state level.Illinois Responsible Party In 2020 the Illinois Independent Tax Tribunal found that the president of a healthcare corporation was a personally liable responsible officer for unpaid Illinois income withholding tax in...

The Traps Associated with Single Member LLCs and Payroll Taxes

A common problem facing business owners with more than one employee are the risks associated with not paying their payroll taxes.  One quarter turns into 8 or more quarters of not filing payroll returns nor paying payroll taxes withheld from employees’ paychecks.  Business owners who have formed single member LLCs generally file a Schedule...

Michigan Corporate Officer Liability Process

Understanding what the Michigan corporate officer liability process is and how to respond to it. Authority The Michigan Department's authority to assess officers, members, managers, and/or partners for the liabilities of a corporation, limited liability company, limited liability partnership, limited partnership or a partnership is derived from Michigan Compiled Laws, Section 205.27a, Subsection 5 hereafter referred...

COVID-19 Tax Tips for 2021

The First Step Of Good Tax Planning Is Consistent Recordkeeping Since COVID-19 hit in early 2020 life for many of us meant significant changes in our income, bills and even how we've run a business. Federal and State governments have offered numerous financial programs to help citizens deal with the financial impact of COVID-19. Many...