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In the world of taxes, the biggest sin is failing to pay your payroll taxes. Penalties for failure to pay or delinquency in filing payroll tax returns are more severe than almost any other tax penalty.
FYI – If you aren’t paying your company’s payroll taxes, you are stealing money that belongs to your employees according to the government.
Failure to comply with payroll tax laws can result in the loss of your business. The IRS is very aggressive in pursuing these types of infractions and will not hesitate to seize your assets, sell your property at auction, and eliminate your means of making a living.
If you are behind on payroll taxes or have payroll tax problems, it is critical that you get the help of a professional who understands tax law and the way the IRS operates. The way you handle your initial contact with the IRS can make or break your chances of staying in business.
We help our clients by assessing their current situation and helping them find answers that will best preserve their ability to stay in business. If you are delinquent on payroll taxes, contact us today to help with your payroll tax problems.