4th Circ. Axes Defunct Payroll Co.'s $28M Tax Play
By Ama Sarfo ( December 15, 2014, 4:37 PM EST) -- The Fourth Circuit on Friday said that the trustee for now-bankrupt payroll processing firm FirstPay Inc. cannot reclaim $28 million in federal payroll tax payments the company sent to the IRS on behalf of clients because it lacked sufficient interest in the property....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.