If payroll taxes are embezzled, who does the IRS hold responsible?
A) The fraudster.
B) The owners and officers of the company.
C) The employees whose taxes were not paid.
D) .The lost funds are forgiven by the IRS.

Question

Quizplus · Accepted Answer

The IRS holds the owners and officers of the company responsible for payroll taxes, regardless of who actually embezzled the funds. This is because they are ultimately responsible for the financial and legal obligations of the company.

If Payroll Taxes Are Embezzled, Who Does the IRS Hold