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July 25, 2024 — Brian E. Drake, of Parkersburg, was sentenced today to two years in prison, to be followed by three years of supervised release, and ordered to pay $2,036,141.59 in restitution for tax evasion. Drake admitted to evading payroll and corporate income taxes while the owner and operator of River City Chem Dry (RCCD).

April 28, 2023 — Denise Coit Alston, Monica Faye Barnes, Terron Cortez Parker, and Kami D. Woodard each pleaded guilty earlier this week to conspiracy to commit wire fraud for fraudulently obtaining Paycheck Protection Act (“PPP”) COVID-19 loans. The defendants requested relief for various companies they owned including companies listed as being engaged in catering, trucking and real estate. They all face up to 20 years in prison.

May 3, 2024 — A former Decatur man, now living in California, has been sentenced to federal prison for tax fraud in the Eastern District of Texas, announced U.S. Attorney Damien M. Diggs.

March 12, 2024 — A Charlotte jury has returned a guilty verdict against two Charlotte businessmen for failing to account for and pay over to the Internal Revenue Service (IRS) more than $150,000 in trust fund taxes over five quarters in 2016 and 2017. Richard Brasser and Gregroy Gentner, both of Charlotte, were convicted of multiple counts of failing to account for and pay over the trust funds taxes.

August 25, 2023 — Kishore Kethineni, the CEO of multiple software development and IT services companies in the Bay Area, was sentenced to two years in prison for his role in a conspiracy to commit bank fraud and for his failure to pay over more than $2 million in employment taxes, announced United States Attorney Ismail J. Ramsey, Internal Revenue Service—Criminal Investigation (IRS-CI) Special Agent in Charge Darren Lian of the Oakland Field Office, and Federal Bureau of Investigation (FBI) Special Agent in Charge Robert K. Tripp.

Search for business topics like employer tax identification number (EIN) information, with the A-Z Index. Search by business type or subject.

Dec. 17, 2024 — Peter Anthony Thomas, formerly of Charlotte and now a resident of Miami, Florida, was sentenced today to 18 months in prison followed by two years of supervised release for a tax offense, announced Dena J. King, U.S. Attorney for the Western District of North Carolina.

Employers Must Withhold FICA Taxes for Aliens who Change Visa Status to H-1B

Understand the various types of taxes you need to deposit and report such as, federal income tax, social security and Medicare taxes and Federal Unemployment (FUTA) Tax.

Explanation of FICA tax on volunteer compensation.