Thursday, March 15, 2018

How employees' back taxes can impact a company's operations

Many of Maryland’s largest employers hire individuals who work hard to make ends meet, but continuously live paycheck to paycheck. A significant number of hospital, university and hospitality staff make less than $14.50 an hour and find themselves struggling to pay their federal and state taxes each year. Once an individual owes back taxes, the IRS and the Maryland comptroller attempt to collect by placing liens on property and levies on income, such as wages or government benefits. While Maryland…



from https://www.bizjournals.com/baltimore/news/2018/03/15/how-employees-back-taxes-can-impact-a-companys.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171898887107

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