Payroll Tax Penalties
Penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties.
Payroll tax penalties can drastically multiply the amount owed in a very short time. The IRS is extremely aggressive pursuing collection of this type of tax.
If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can be very important to the process and the IRS’s collection approach. It is critical you hire a professional representative who knows how the IRS operates.
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