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U.S. Senate Committee on Finance
Legislation to protect businesses from payroll services fraud sent to Obama
Legislation to protect businesses from payroll services fraud sent to Obama

The U.S. Senate has passed legislation to give more protections to businesses victimized by payroll services companies that failed to pay their clients' federal and state taxes or committed other fraudulent acts. The legislation, championed by Maryland Sen. Barbara A. Mikulski, comes in the wake of accusations last year against Bel Air-based payroll services firm AccuPay Inc. for failing to pay state and federal tax employee withholding taxes for as many as 600 clients. According to Mikulski's office, provisions in Omnibus Appropriation Act of 2013 approved by the Senate last week will provide protections to small businesses by requiring the IRS to send dual notification to a...

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