Purchase Solution

Penalties for Non-Payment of Payroll Taxes

Not what you're looking for?

Ask Custom Question

What is the maximum penalty a company can face for non-payment of payroll taxes? What factor determines the amount a company will pay? What is the penalty for an employer who fails to issue a W-2 to an employee or issues an incorrect W-2?

Purchase this Solution

Solution Summary

This is a explication on penalties for avoiding payroll taxes. The maximum penalty a company can face for non-payment of payroll taxes is examined.

Solution Preview

Dear Student,

Thank you for selecting BrainMass to assist you. Please be advised that the text of this work may be copy-protected, but may be used as a good comprehensive sample or guide to aid you. Multiple links have been provided to assist you. Please be sure to cite the references listed herein.

Note [As stated on Brainmass.com]: "We cannot do assignments for students. If it appears that this is what is requested, Postings may be Suspended."

Taxes:

The maximum penalty a company can face for non-payment of payroll taxes is "100% on the part of the delinquency."

The factor for determining the amount a company will pay ...

Purchase this Solution


Free BrainMass Quizzes
Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Cost Concepts: Analyzing Costs in Managerial Accounting

This quiz gives students the opportunity to assess their knowledge of cost concepts used in managerial accounting such as opportunity costs, marginal costs, relevant costs and the benefits and relationships that derive from them.

IPOs

This Quiz is compiled of questions that pertain to IPOs (Initial Public Offerings)

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.