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Apparently not the way to do business


NickHolt

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Sales tax receipts and SS/Medi/fed withholding are all "custodials" (once withheld it belongs to the taxing entity). You would be simply amazed at how many "honest" employers use "float" etc to use the cash and how many just "forget" to turn it over. What goes through their mind? Do they really believe it will go unnoticed?

Edited by jwmbishop
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