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re: who should pick up this bill? re: late w-2
Posted on 10/16/12 at 11:09 pm to tigeryat
Posted on 10/16/12 at 11:09 pm to tigeryat
quote:How? Company A became the property of Company B. Its obligations became the obligations of Company B, and Company B is the one who screwed the pooch. Any accounting failures or errors in tax compliance were the responsibilities of Company B since they had all decision making over the operations of Company A, or whatever came of it.
Company A is responsible but it's not like you can sue them over a $250 tax prep fee.
Company B is the ones who provided the erroneous W-2's to employee, and they are the ones who gave the bad tax advice to their employees. If I were an employee I would consider filing a class action lawsuit on behalf of all employees who are incurring costs associated with Company B's negligence in complying with the tax laws and regulations.
2
Posted on 10/17/12 at 7:22 am to Poodlebrain
Who knows what really happened here? It was probably an asset sale A to B, and a miscommunication to A's employees by A and B. Looks like in the end, A determined it needed to file a tax return for the short period and should have W-2'd it's employees.
So who would the IRS tag for late filing penalties here? I would say A.
So who would the IRS tag for late filing penalties here? I would say A.
Posted on 10/17/12 at 8:03 am to Poodlebrain
quote:
How?
I think he was commenting that it's not worth the effort over $250.
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