Posts Tagged ‘unpaid payroll taxes’

IRS Payroll Tax Problems: Are You a Responsible Party Liable for the Trust Fund Recovery Penalty?

Wednesday, January 20th, 2010

In a time when the government is desperate for revenue, it is very important for business owners to stay on top of their payroll taxes game to avoid IRS payroll tax problems.
For those who may not be familiar with payroll taxes, unpaid payroll taxes are considered “trust fund taxes” because the employer’s failure to pay payroll taxes is equated to holding the employee’s money in trust until a federal tax
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IRS Shows No Mercy to Small Business Owners Struggling with Payroll Tax Problems

Wednesday, September 30th, 2009

The IRS is mercilessly going after small business owners for payments of payroll taxes–even when the business may be struggling to keep its light on.
In these tough economic times, the IRS is not so much concerned with how a business may be staying afloat, but how the business will pay all of its payroll taxes on time–even if it means levying their customers/clients. If you are in a situation where
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Delinquent Payroll Taxes: Biggest Mistakes Small Businesses with Payroll Tax Problems Make

Wednesday, September 30th, 2009

Payroll tax problems can close a business overnight and lead to criminal sanctions including prison time. As the IRS grows increasingly aggressive in their collection attempts for past due payroll taxes, struggling business owners with delinquent payroll taxes need to know how to protect the future of their businesses.
Read on for the biggest mistakes small business owners make when dealing with payroll tax problems:

Ignoring potential payroll tax penalties. The stakes
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Tax Help For Business Owners Overwhelmed by Payroll Tax Problems

Tuesday, September 29th, 2009

As the IRS continues its increasing aggression in tax collection efforts, business owners that are having trouble making ends meet need to be wary of getting mired in payroll tax problems.
In this economy, many businesses are struggling with cash flow–oftentimes, it’s not that the business owners want to intentionally skip on paying payroll taxes, it’s because they can’t afford to pay them while still keeping their business running.
The important thing
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