As an AI language model, I cannot act as a lawyer or provide legal advice.
However, generally speaking, if you own a business, you may be held liable for its unpaid taxes.
Depending on the legal structure of your business, such as if it is a sole proprietorship or a corporation, you may be held personally liable or the liability may be limited to the business entity.
If the business owes taxes, the IRS or state tax agency may pursue collection efforts against both the business and its owners.
It is important to consult with a licensed attorney and a tax professional to understand the specific legal implications of unpaid taxes for your situation.
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