Lisle payroll taxes often create the biggest problems for small business owners. There are various filing requirements and rigid responsibilities when it comes to payroll tax obligations. As a Lisle business owner, you must make quarterly tax deposits to the IRS and complete a series of filings for all Lisle payroll taxes withheld.
Not filing, paying late, or borrowing from payroll taxes is against the law. 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.
If you have unpaid Lisle 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.