The assignment consist of one main post -200 words (see instructions below) and 2 classmates...

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The assignment consist of one main post -200 words (see instructions below) and 2 classmates responses-150 each. I have attached 2 classmates posts for which we need to respond to.

Review the most recent IRS Examples of Employment Tax Fraud Investigations page here:

https://www.irs.gov/compliance/criminal-investigation/examples-of-employment-tax-fraud-investigations-fiscal-year-2016
Discuss one of the cases, including what might have allowed the fraud to be perpetrated and what internal controls should have been in place to prevent the fraud from happening.

qfile_636885641893196890_125400_1.docx

Soumi · Accepted Answer

Running Head: EMPLOYMENT TAX FRAUD INVESTIGATIONS	1
EMPLOYMENT TAX FRAUD INVESTIGATIONS	6
EMPLOYMENT TAX FRAUD INVESTIGATIONS
Table of Contents
Main Post: Former Business Owner Sentenced for Criminal Employment Tax Violations	3
Response 1: To Daycare Owner Failed to Pay Taxes	4
Response 2: To Virginia Business Owner Sentenced on Tax Charges	4
Reference	6
Main Post: Former Business Owner Sentenced for Criminal Employment Tax Violations
	On March 24, 2016, in Phoenix, Arizona, the man named Gregory S Ott of Prescott was sentenced 12 months prison and three years of the supervision, along with having to pay a $10,000 fine in complete cooperation with IRS in the checking of the documents. The reason behind this tax fraud committed by Ott was that he was the owner and operator of the organization called Xpress Pay, where he caused the tax deception. This is the professional employment organization in Scottsdale (Internal Revenue Service, 2019).
The organization contracted with small business owners to provide the payroll services to their businesses. These payroll services include the preparation of federal employment tax return and the payment of employment taxes owned by these small businesses to the IRS. Ott directly collected tax money from their clients account. Instead of paying full payment to the IRS as federal tax,

The assignment consist of one main post -200 words (see instructions below) and 2 classmates responses-150 each. I have attached 2 classmates posts for which we need to respond to. Review the most...

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