payroll: Importance of Payroll Tax Compliance
- 04/15/19 09:15 AM
If you are a broker or realtor that has employees, or if you handle the payroll tax compliance for your employer, it is most important that you understand your potential tax liability. The IRS is most concerned about employer payroll compliance as payroll taxes withheld by employers account for nearly 72 percent of all revenues collected by the IRS. Accordingly, noncompliance and cheating in this area is one of the biggest problems for the nation’s tax system. Between March 25 and April 5, IRS revenue officers visited nearly 100 businesses around the country suspected of having serious issues with employment tax compliance. … (0 comments)
If you are a broker or realtor that has employees, or if you handle the payroll tax compliance for your employer, it is most important that you understand your potential tax liability.
;)
;)
;)
