The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees' withholdings. Not paying your company's payroll taxes is tantamount to stealing your employees' money in the eyes of the IRS.
As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
Tips And Precautions For Business Owners
Avoiding payroll tax problems is the best solution. Our Baltimore area tax law firm offers full payroll tax services if that is what your business needs.
See our frequently asked questions about payroll tax page to learn about our payroll tax services for businesses. If you are in trouble over payroll taxes, it is time to talk now. Please contact us to request a free consultation.
If you are behind on paying payroll taxes for your company, watch out! The IRS is extremely aggressive pursuing collection of this type of tax. It would rather seize your business assets, close you down, sell your assets at auction and put you out of business than allow you to continue amassing additional payroll tax liabilities.
If your business is behind on payroll taxes, do not meet with the IRS on your own. How you answer initial questions can determine whether you stay in business. It is critical that you hire a professional representative who knows how the IRS operates.
Take Action Today To Resolve Your Payroll Tax Challenges
I am Allen Schuldenfrei, a Maryland tax law attorney with years of experience and many successful resolutions to my credit. Call the law offices at
Call 410-358-7435 or contact us through the online form for advice and help. I serve clients in the Baltimore area and throughout Harford, Howard and Anne Arundel counties.