Woman Indicted For Evading Payment of Trust Fund Recovery Penalties. Concealed Personal Funds and Assets from IRS Collection Efforts. Better call Selig & Associates

Selig & Associates provides the most aggressive tax representationallowed by law. Specializing in payroll, income and sales taxcontroversies for individuals, contractors, restaurants, bodegas andprofessional practices.

A woman was charged by a superseding indictment for attempted tax evasion announced the Principal Deputy Assistant Attorney (names withheld) the head of the Justice Department’s Tax Division, and U.S. Attorney. According to the superseding indictment (name withheld) owned and operated (name withheld) from 1996 through 2009 and was responsible for collecting, accounting for, and paying over income, social security, and Medicare tax withheld from employees’ wages. 

Selig &Associates Mission Statement Our mission is to win every tax case; to bring all of our tax, advocacy and legal expertise to every fight, and to serve our clients with integrity, honesty and perseverance.

The tax withheld is referred to as “trust fund tax” because the employer holds those funds in trust until the amounts are paid over to the Internal Revenue Service (IRS) on behalf of the employee.  If a responsible person willfully fails to pay over trust fund taxes, the IRS may impose a penalty equal to the amount of the trust fund taxes on the responsible person.  This penalty is known as the trust fund recovery penalty. 

We’re Effective We settle contested tax audits, compromise tax debts and can resolve all marital tax issues including innocent spouse relief and separation of liability. 

The superseding indictment alleges that from 2004 through 2009, (name withheld) failed to pay over the tax withheld from its employees’ wages and, as a result, the IRS assessed trust fund recovery penalties against (name withheld) equal to the amount withheld and not paid over. According to the superseding indictment, (name withheld) willfully attempted to evade and defeat the payment of the trust fund recovery penalties assessed against her by concealing and attempting to conceal from the IRS her access to personal funds and assets. 

Reasonable-Rates All tax representation is provided by a Federal Tax Practitioner and Licensed Attorney. To schedule a FREE face-to-face consultation, contact Selig & Associates today.

Specifically, the superseding indictment alleges that (name withheld)  purchased a home in the name of a nominee, engaged in currency transactions with financial institutions in amounts less than $10,000 to prevent the filing of currency transaction reports, changed the name of her business and placed the business in the name of a nominee, and provided false information to the IRS regarding her ability to pay the trust fund recovery penalties. 

An indictment merely alleges that crimes have been committed. Defendants are presumed innocent until proven guilty beyond a reasonable doubt.

If convicted, (name withheld) faces a statutory maximum sentence of five years in prison, a period of supervised release, restitution, and monetary penalties.

She should hire Selig &Associates (and so should you)