Posts Tagged ‘payroll tax evasion’

Unpaid Payroll Taxes Amount to $15 Million for N.C. Businessman Indicted on 63 Federal Charges

Monday, February 7th, 2011

Unpaid payroll taxes are no joke to the IRS.  The unpaid taxes will generate huge IRS penalties and debt, and may be considered a federal crime, especially when the unpaid payroll taxes amount to millions, as in the article below.  Payroll tax help is available through Tax Resolution Services – we have helped businesses across the nation resolve payroll tax problems, which has saved many businesses.  Payroll tax troubles can mean the end of a business,
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Dealing with Delinquent Payroll Taxes? Seek Professional Tax Help Fast or Find Yourself Guilty of Tax Evasion

Tuesday, October 5th, 2010

An employer’s obligation concerning payroll taxes is twofold: 1. withhold the proper amount of payroll taxes from all employees 2. pay the taxes owed to the IRS with the withheld money.  The downfall of many businesses is when they use collected payroll tax money to pay their operating expenses.  When a business owner avoids turning over the payroll taxes to the IRS, they may not realize the amount of penalties and interest
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