Fail to Remit Payroll Tax? Criminal Liabilities May Attach Normally, whenever an employer fails to pay over payroll taxes collected from its employees, the IRS will impose a hefty Trust Fund Recovery Penalty, which may equal the amount of the…
Reminder: Quarterly payroll tax return due date of October 31st is approaching. With the October 31st quarterly payroll tax return due date just two days away, the Internal Revenue Service urged business owners to file their returns electronically and take advantage of the…