CFOsnafu.com » employment taxes http://www.cfosnafu.com Some days it should be legal to keep two sets of books Mon, 11 Jul 2011 18:27:51 +0000 en hourly 1 http://wordpress.org/?v=abc Owner kicks patients while they’re down http://www.cfosnafu.com/owner-kicks-patients-while-theyre-down/ http://www.cfosnafu.com/owner-kicks-patients-while-theyre-down/#comments Fri, 09 May 2008 10:00:25 +0000 Shane Borer http://cfosnafu.com/?p=3 There’s usually little remorse from people who get caught red-handed cheating on a company’s books. What about someone who steals from nurses and elderly care facilities?

There’s a special place you-know-where for people who do that.

Paul Scott King, Jr. is the former owner and CFO of Nurses Now, LLC and Ichor Health Services, Inc, which provided temporary services of nurses and medical professionals to nursing homes and hospitals in the Milwaukee area.

Too bad the employees’ work ethic didn’t rub off on the owner.

King withheld both income and social security taxes from his employees’ wages, but socked them away into personal accounts instead of remitting them to IRS.

On top of the $432,191 in employment taxes he owes to the feds, he also faces a fine of up to $250,000 and a maximum of five years in prison.

Let’s just hope he doesn’t find his new cell too drafty – he’s ticked off pretty much everyone in the area who’d be able to help him with a cold.

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