The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees' withholdings. Not paying your company's payroll taxes is tantamount to stealing your employees' money in the eyes of the IRS. As a result, 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. They can drastically multiply the amount you owe in a very short time. If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a professional representative who knows how the IRS operates. |
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At Kallsen & Associates, CPAs, LLP. we're committed to building long-standing relationships with the individuals and companies we serve. As a privately owned and operated firm, we focus on clear communication and a personal style of service that reflects your goals. Our accountants draw on both technical knowledge and practical experience, which helps you move forward with steady guidance. You can trust that we'll treat you with respect and consistently deliver quality support. Contact us today to schedule a consultation if you would like to work with a tax firm that values consistency and thoughtful care.