BizSugar.com › Taxes › Recent IRS Case Highlights Need for \"Sophisticated\" Small Business Management

Nick’s Roast Beef celebrated its 40th year in operation in 2015, something about which most mom-and-pop shops can only dream.
It wasn’t long after the birthday celebration, however, that the owners were forced to wake up from that dream when they were indicted on 17 federal criminal counts.
The popular sandwich shop, located in North Beverly, Massachusetts, was recently targeted by the Internal Revenue Service, which claims the small, cash-only location has withheld millions of dollars in taxes.