Mar 28, 2023
Business owners who experience difficulty with payroll taxes generally have difficulty with cash flow. This occurs when they are waiting on payments from others in the business, yet they must continue to engage people to do the work.
Unfortunately, not paying the IRS in anticipation of being able to make the payment at...
Mar 21, 2023
What type of tax cases have we seen that have gone criminal?
The Internal Revenue Service (IRS) pays close attention to business proprietors who manage more than one business and move money between their accounts. They also hunt down those that are not paying the corresponding payroll taxes.
This highlights the...
Mar 14, 2023
The consequences of not paying your payroll taxes can be absolutely devastating to any business, as the penalties for failure to file, failure to pay, or failure to deposit can quickly add up over multiple payroll cycles.
In addition, payroll taxes are considered trust fund taxes. The owner and those responsible for...
Mar 7, 2023
👉 Did you know that the country's tax bureau is the world's largest collection agency?
The Internal Revenue Service is responsible for collecting the funds necessary for the government to pay for its services. When you call the IRS to report a tax debt owed, you're transferred to the collection division. That person...