Jan. 24, 2024
When corporate litigants skip out on taxes
See more on When corporate litigants skip out on taxes
Gary A. Praglin
Partner
Cotchett, Pitre & McCarthy LLP
2716 Ocean Park Blvd. Suite 3088
Santa Monica , CA 90405
Phone: (310) 392-2008
Email: gpraglin@cpmlegal.com
We once again find ourselves in "tax season," the time of year when we sort through W-2s and 1099s and dig for proof of those charitable donations and business receipts. We do this in part because there are significant penalties to not paying state and federal taxes - including hefty fines, suspension of corporate status, and even prison time (think Leona Helmsley and Pete Rose). But can litigants - specifically corporate litigants - actually benefit from failing to p...
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