Just to clarify my statement, my intent to assist the owner (instead of employer) wasn't quite meant the way it sounded in my post. It wasn't my intent to provide the owner with something I was supposed to provide the employer (from a legal standpoint), it was more one of those "If a breaker trips and you can't find it, call me, I'm right up the street".
I am going to try to 'repair' the bridge, by offering, again, my assistance to the employer. All I ask beforehand is that he make the proper contributions to my IRA (retroactive), and temporarily rehire me (hourly, to limit my legal responsibility) for a reasonable rate.
Thanks again for all the replys.