Employer Headed for Bankruptcy and I'm Worried About Creditors Coming After Me

[tranquility]

Update: I just spoke to someone at the BOE. They said since her name (my boss) is on the permit, she is the responsible party. That I'm just doing the paperwork for her so I'm fine.

Ah. By "company" you meant a sole proprietor.

 

[frannyz]

The company is a corporation but she is the only owner and the BOE said her name is on the Seller's Permit.

 

[tranquility]

The company is a corporation but she is the only owner and the BOE said her name is on the Seller's Permit.

Then, you may be back to an argument.

 

[frannyz]

What if I serve notice to my employer that if she doesn't pay these debts she owes, that I must leave the company and not work for her. Would this help idemify me in this situation?

 

[tranquility]

What if I serve notice to my employer that if she doesn't pay these debts she owes, that I must leave the company and not work for her. Would this help idemify me in this situation?

Look, while I understand your concern, in the end I suspect you will not owe the taxes. (Probably because *you* did not "willfully" not pay them.) However, that does not mean there is not going to be some time in arguing with the state before then. From what I read on my insurance coverage newsletters, the state is not a monster and goes after the main guys first and will often "forgive" those peons down the line like the bookkeeper and/or accountant even if they don't collect. The problem is it is not the law and the law is written quite broadly and there are no guarantees if the state gets all pissy. Nothing you do will change the situation in the past. If you want concrete steps, give your boss the link I provided.