Seldom mentioned is that the crimes that ensnared the employers is not paying the 940 withholding taxes.
The employers withheld social security and Mediscam but didn’t forward them to the IRS.
Once the feds started looking it changed into an ICE raid.
Moral of the story - do NOT screw with the IRS or your local mafia.”””
Hate to correct you on this-—BUT-—
The 940 IRS form is an annual form. It is for Federal UNEMPLOYMENT taxes....taxes that are paid by the EMPLOYER-—NOT deducted from paychecks.
The form I think you might be referring to is the 941 form, which is usually filed quarterly.
Have been filling them out for over 38 years.
Idea is the same - do not mess with the IRS.
Thanks!