A company’s CFO has liable for its past-due employment taxes, according to the tax court
The CFO had control over the company’s bank account and oversaw all aspects of the firm’s operations and finances, including payroll, tax return preparation and personnel matters. He knew that the firm failed to deposit payroll taxes and file tax returns when due. He also had check-signing authority and paid other creditors before the IRS. That makes him liable for the tax shortfall through “willfulness”
McClendon, D.C., Texas