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Path: utzoo!linus!philabs!cmcl2!phri!pluto!warren
From: warren@pluto.UUCP (Warren Burstein)
Newsgroups: net.legal,net.jobs
Subject: Covering ones behind when a company is folding
Message-ID: <183@pluto.UUCP>
Date: Wed, 13-Nov-85 12:23:51 EST
Article-I.D.: pluto.183
Posted: Wed Nov 13 12:23:51 1985
Date-Received: Fri, 15-Nov-85 08:17:34 EST
Organization: Industrial Automation Systems Inc., New York, N.Y.
Lines: 13
Keywords: back pay, taxes
Xref: linus net.legal:2214 net.jobs:1575

I would appreciate suggestions for dealing with a job with
a company that may soon be dead.  What methods are there for
extracting back pay?  I have heard that in case of bankruptcy
creditors get paid before employees.  Is this correct?  How
about taxes, if they deducted taxes from my salary but didn't
pay them to the IRS, does this change my status?  Am I liable
for taxes if this happened?  (I guess that my takehome becomes
my gross and I then have to pay taxes on that.)  What if they
give me a W2 form, but it's a lie?  Can I be penalized?  If so,
should I demand proof that taxes marked as deducted on the W2
were really sent?

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