Yes, you are responsible for depositing employment tax. The liabilities for the tax are split between the corporation and the business owner
Limited LiabilityStockholders, who are owners of the corporation, are not liable for its debts or acts. The premise of separate legal entity means that the no one represents or acts on behalf of the company as it represents itself. In instances where a corporation is being wound up, the shareholders are only liable up to the unpaid amounts of their shares.
In a limited liability corporation, the company is not personally liable for it, and the owners and shareholders will not get personally sued, only the company will. It has a high start up cost, and it has a long life. Sole proprietorship's have a low start up cost, generally have short life spans, and are personally liable,
No, authorized users are not responsible for an account. Only the actual account holder is responsible for all debt that is incurred.
The tax preparer, like H&R Block or Jackson Hewitt, does have a responsibility to you, which is why they sign your return. But they are responsible primarily for any mistakes in their preparation - they are not liable if you misrepresented your earnings.
Uh...Sub S Corps are income tax pass throughs and don't pay any. Generally, Taxes - like sales tax collections or payroll withholdings, etc are considered trust funds - funds of anothers that the company is responsible for. Actions to collect them may pierce the corporate veil and Officers of a corporation, even if not really involved with tax matters, are responsible for them personally. In practicality, only when there is fraud or intentional failure to pay is this pursued.
the shareholders
The corporation is liable. The signer is not personally responsible to the payee, though they may, of course, face internal repercussions if the check was improperly issued - but that would be a personnel matter for the corporation, and not the payee's concern.
No. And it is ONLY subject to capital gains tax...a much lower rate...as it is investment income.
I am assuming by "responsible" you mean "liable." Under my assuption, in most states the answer is probably both, so long as the doctor was acting within the scope of his employment when he committed the malpractice. The doctor would be directly liable, and the hospital through a theory of respondeat superior.
Something or someone responsible by law.
answerable, subject, responsible, obliged, liable, obligated
The employee, employer, and their respective insurance companies may all be liable for damage caused within the scope of lawn service employment.
If the offense cost money, the officer responsible is pecuniarily liable.
accountable, responsible, answerable
responsible and unaccountable
The separation provides protection to the shareholders in the event corporation's liquidation. The shareholders are not liable more than the worth of their investments in the corporation.
Limited LiabilityStockholders, who are owners of the corporation, are not liable for its debts or acts. The premise of separate legal entity means that the no one represents or acts on behalf of the company as it represents itself. In instances where a corporation is being wound up, the shareholders are only liable up to the unpaid amounts of their shares.