On July 29, 2008, the Government Accountability Office (GAO) testified before the Senate oversight panel and issued its report GAO-08-617 disclosing that IRS records show over 1.6 million businesses owe more than $58 billion in unpaid federal payroll taxes, including interest and penalties. The GAO report chastises your IRS for not using the demanding tools like liens and the threat of jail time to nail the taxpayers who are stealing your money.

Don’t Steal the Taxes

If you get a little short of cash in your business, ... Log in to view full article.