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State Law

: Showmeblawgs

By stan_sipple

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Follow up: Principal of two medical staffing services agencies pleads guilty to failing to deposit employment taxes. ST Louis Business Journal.
Paul Scott King Jr. pleaded guilty to three felony counts of failing to pay employment taxes after he collected them from employees, U.S. Attorney Catherine Hanaway announced Tuesday. King, 50, of Chesterfield, now faces a maximum penalty of five years in prison and/or fines up to $250,000, when he is sentenced on May 16. During 2001 and 2003, King was the owner and an officer of two corporations, Nurses Now LLC and Ichor Health Services Inc. These businesses provided the temporary services of hundreds of nurses and medical professionals to hospitals and nursing homes in the area. As an officer, King withheld income taxes and social security taxes from the employees' wages, and did not pay them over to the Internal Revenue Service. King admitted that he failed to pay $432,191 in employment taxes on these businesses. King was indicted on six felony counts in October 2007.

Full post as published by Showmeblawgs on February 07, 2008 (boomark / email).