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The $1.3M Payroll Tax Time Bomb Inside a Bridal Shop
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Subscribe02 MAR 2026 / ACCOUNTING & TAXES
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Donna M. Savoy, the owner of Donna Beth Creations, a Denver-based bridal shop, has pleaded guilty to failing to pay over $1.3 million in trust fund taxes for a decade. This tax fraud case holds significant lessons for small business owners, particularly the importance of submitting withheld employee payroll taxes to the Internal Revenue Service, as non-compliance can result in severe penalties including imprisonment and damage to business reputation.
A white lace gown, a champagne toast, a packed fitting room in Denver. For more than 30 years, Donna Beth Creations helped brides say yes to the dress. Behind the scenes, though, something else was unraveling. For a full decade, the shop’s owner, Donna M....
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