sales tax fraud

Recently CNN reported on a raid of Gladys Knight’s Signature Chicken & Waffles restaurant by Georgia’s Department of Revenue. Shanga Hankerson, Knight’s son, was accused of stealing roughly $650,000 by withholding sales taxes owed to the state. This high-profile case should serve as a cautionary tale to small businesses everywhere: The risk of not complying with sales tax just isn’t worth it.