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Don't forget to book your year-end review! As we come to the end of yet another fiscal
- General Ledger Review
- Budget Analysis & Planning
- Tax Prep & Plan for 1099s & W2s
- Review Insurance Policies, Leases & Loan Documents
Washington businessman Mark Standley was recently sentenced to six years in prison for one of the largest sales tax thefts in Washington state history. As the owner of a drywall company, Standley drastically under-reported the amount of sales tax collected from customers over a six year time period.
According to court documents, he only paid the Department of Revenue (DOR) $3,000 of the $855,000 tax owed. To make matters worse, Standley refused to pay workers’ compensation premiums for his employees.