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IRS Payroll Taxes If you are a corporate
officer, partner, sole proprietor, or even an employee in charge of financial affairs, you
may be personally liable for IRS unpaid
payroll taxes. Individuals who are
responsible for or exercise judgment respecting the financial affairs of a business can
end up with a lien on their personal property or even have it seized or levied. An employer is responsible to withhold
funds from employee’s paychecks to pay for income taxes, social security taxes, and
Medicare taxes. Failure to turn these funds
over the IRS results in stiff penalties. If your business owes IRS payroll taxes or if you feel you might be personally liable for unpaid
payroll taxes, you should seek professional representation.
Call John Sterbick now and get the advice and protection you need. |