Employers are required to withhold payroll taxes from the wages earned by the employees and are required to forward these withholdings to the IRS. Failing to properly file and pay payroll taxes is a serious matter. If the employer fails to timely file and pay the payroll taxes, the IRS is authorized to collect these taxes from the business or even the person who was responsible for withholding and paying the payroll taxes to the IRS. Failure to correct a delinquent payroll tax filing or tax payment could result in closure of the business and liquidation of the business assets.
We represent taxpayers with payroll tax liabilities and help business owners understand and follow payroll tax obligations. Whether you have a payroll tax liability as a result of a closed business or for a business still open, we can help.
For a prompt evaluation of your case, we encourage you to contact us using our toll-free number at (866) 437-3725.