If you are a business owner, you are likely aware of the peaks and valleys in revenue that are inherent during the operation of the business. Because of these fluctuations, it is often tempting to delay paying bills and other obligations during times when revenue is...
It appears that owners of restaurants, convenience stores and similar businesses in Philadelphia will soon have to begin collecting an extra sales tax on soda. The City Council there has passed a 1.5-cents-per-ounce tax on all drinks with added sugar or artificial...
In Maryland, finding fraudulent state income tax returns is the job of the Comptroller of the Treasury’s office, through that agency’s Bureau of Revenue Estimates’ Questionable Return Detection Team. In years past, the job was overwhelming, with a staff of 20 sifting...
The federal government expects Rockville businesses to withhold payroll taxes from their employees -- and to hand over that money to the IRS. When authorities believe that a business has failed in either step, they will bring serious federal charges against the...
As most of our readers already know, the Fifth Amendment to the Constitution protects us from being forced to incriminate ourselves. This is why police must tell people they arrest that they have “the right to remain silent.” In other words, nobody has to say anything...
