Tax Problems – Payroll Tax Problems
The Revenue Service (IRS) places strict compliance requirements on employers as it relates to payroll taxes on employee earnings. These requirements include (but are not limited to) withholding payroll taxes at time of payment, timely remittance of tax deposits, and accurate reporting of financial information. Excessive penalties and interest are oftentimes imposed on employers for failure to comply with laws regulating this area.
If you need assistance in meeting these regulations, or if I can assist you in resolving prior violations, please contact me to discuss your options.