plano offer in compromise: Plano TX - When Owing Payroll Taxes To The IRS Becomes a Trainwreck! - 08/30/19 02:21 PM
If your business owes payroll taxes to the government, you should be concerned. Payroll Taxes continue to become a bigger focus for both the IRS and State Governments, as governments struggle to fund budgets.
 
Payroll taxes remitted by employers make up approximately 70% of Federal tax inflows. Because of this, the IRS as weel as state governments, aggressively pursue businesses for the payroll taxes, and related penalties owed. In addition to taxes owed by the business, the Trust Fund Recovery Penalty (TRFP) portion, which are the employee portion of payroll taxes held in trust by the employer, can become the personal … (0 comments)