Wow some really long winded and good comments on this subject.
Simple answer: The CEO, Excom and the CPA were all either sleeping at
the switch or are all incompitent (that may be one and the same). It's
obvious that the CFO was not being honest and possibly criminal. But
the deligator (CEO & EXCOM), the overseers (CEO & EXCOM) and the tax
prepairers (CPA) were difinetally not doing there jobs.

About 25 days after every quarter my in house book-keeper (she's my CFO
although that's actually my title along with CEO) prepairs our
quartely payroll tax reports. I look at them sign them and she sends
them off. At the end of our tax year she does an annual pay roll
report and the same happens.

Once a year my CPA who costs us about 5k-6k a year to prep my corprate
tax returns comes to our (trucking) terminal and spends about 8-12 hrs
( @ $200 per hour) going over our figures (and he buys us lunch, we
feel special). He's intimant with my company's numbers and operation.
He recognises and asks questions about our payroll & workmans comp and
all other aspects of our operations.

CHECKS & BALANCES

I've been doing this for 16 yrs now. I've survived an IRS audit with
the help of my CPA but that's his job also ( @ $200 an hour).

Don't let the SSA die because of mis-management disease.