Our small firm hired this company to handle payroll filings and payments. The company withdrew withholdings from our account yet failed to file or pay any taxes on our behalf. I didn't find out about this until we were 3 quarters behind. Total amount stolen was in excess of $12k. It is unbelievable to me that something like this could have happened.
I'm hoping that someone may have information that could help us recuperate our money lost. Does anyone know if the State requires a payroll company such as this to post some sort of bond? There must be something out there to protect consumers from a company that has in it's power to withdraw and hold money on behalf on others.
Any information that would be greatly appreciated.
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