More and more business owners, officers and other responsible parties are finding that the “corporate veil” is becoming increasingly easy for taxing authorities to pierce. As federal and state governments continue a search for revenues, it is often individuals who are now responsible for tax, interest and penalties due from the business they are or have been associated with.
In this on-demand webinar, you will learn:
- What an individual can do to protect themselves from such assessments from taxing authorities
- What are the most common situations in which a government will pursue collection of business assets from a person’s own assets
- How to avoid surprises during due diligence procedures arising from the potential sale or financing of a business
This publication contains general information only and Sikich is not, by means of this publication, rendering accounting, business, financial, investment, legal, tax, or any other professional advice or services. This publication is not a substitute for such professional advice or services, nor should you use it as a basis for any decision, action or omission that may affect you or your business. Before making any decision, taking any action or omitting an action that may affect you or your business, you should consult a qualified professional advisor. In addition, this publication may contain certain content generated by an artificial intelligence (AI) language model. You acknowledge that Sikich shall not be responsible for any loss sustained by you or any person who relies on this publication.