There are various filing requirements and stringent responsibilities when it comes to payroll tax obligations. The payroll tax money collected from employees to pay their share of federal withholding tax, FICA, and Medicare (Social Security) does not belong to the business and must be paid to the government.
As a Campton Hills business owner, you must make quarterly tax deposits to the IRS and complete a series of filings for all Campton Hills payroll taxes withheld. If you are behind on paying Campton Hills payroll taxes for your company, watch out! Failure the properly account for payroll tax obligations is considered a severe violation. Not filing, paying late, or borrowing from payroll taxes is against the law.
If you have unpaid Campton Hills payroll taxes, it is critical that you hire a professional representative to work on your behalf. Jones, Savarese, Harrington & Company can help formulate and coordinate a plan to get you back on track. Let our expert CPA tax accountants help you mitigate this type of tax delinquency immediately.