This week we discussed fo

This week we discussed fo

This week we discussed forms required of employers for FICA and federal income taxes withheld. In this week’s class discussion you will converse with your classmates on questions dealing with whether forms and deposits were made in a timely manner.Please respond to all of the following prompts:1. Questions for Discussion: In order to improve the cash flow of the company, Neal Emerald decided to postpone depositing all employment taxes a few months ago. He told his sales manager, “I’ll pay up before the IRS catches up with me.”What risks does Emerald face by not upholding his responsibility for the collection and payment of employment taxes?

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