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| IRS audit finds Butler County employees should have been paying taxes on perks |
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| Written by Administrator | |||
| Monday, 16 March 2009 10:03 | |||
HAMILTON — Staring down the barrel of a potential $500,000 assessment for back taxes, Butler County Auditor Roger Reynolds said the county is drafting policies to make sure employees pay taxes on fringe benefits in the future. It's unclear why the county wasn't paying these taxes. Former deputy auditor Randy Groves said in 2007 county officials were unaware these items were taxable until shortly before an ongoing Internal Revenue Service audit began that year. That audit is wrapping up now, and is finding that county employees should have paid taxes on roughly $1.5 million for perks such as use of county cars, cell phones and uniforms. Since the county didn't report those perks as income, that bill may soon go to the county.
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2012 UNIVATOR Award entry form
Has your company created an incredible fabric technology or revitalized a restaurant with a fresh, new uniform program? Have you developed ingenious business processes to help your own corporation handle the challenges of this tough economy? Did you dream up an environmentally friendly way to eliminate product waste? UniformMarket News wants to hear your story and consider you for a 2012 UNIVATOR Award.
The UNIVATOR Awards celebrate innovation in the North American uniform, image apparel, medical goods, footwear and equipment markets. For eight years, the UNIVATOR Awards have been shining a light on amazing advancements that keep this industry moving forward. They acknowledge companies, both large and small, that are forging unique paths to success.
Read more...Winners came from all market segments – law enforcement, public safety, corporate and chef apparel, and medical apparel. Many have been cited in previous years; several have not.
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