NEWSLETTER

NEWSLETTER

IRS Reaching out sooner on payroll tax concerns

Please note the information below is intended to provide generalized information that is appropriate in certain situations.  It is not intended or written to be used, and it cannot be used by the receipient, for the purpose of avoiding federal tax penalties that may be imposed on any taxpayer.  The contents of the information provided below should not be acted upon without specific professional guidance.  Please call us if you have any questions.

If your business falls behind in paying its payroll taxes, you may be contacted sooner rather than later by an Internal Revenue Service revenue officer. This may even be the case if you are using a third-party payroll service or if the deposits you are making have simply decreased over time. The contacts, which may include visits to your business, are part of the IRS Federal Tax Deposit Alert process, which aims to spot payroll tax problems before they become insurmountable—and incur significant interest and penalties. 

If you do receive an IRS contact, be sure to get in touch with our office. We can help you understand what prompted the contact, explain your possible responses and work with you in your communications with the IRS. No matter what tax issues you’re facing, be sure to turn to us for the advice you need.

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