As a Lombard business owner, you must make quarterly tax deposits to the IRS and complete a series of filings for all Lombard payroll taxes withheld. 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.
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 are behind on paying Lombard payroll taxes for your company, watch out!
If you have unpaid Lombard 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.