Failure To Pay Employment Taxes – Penalties
Failure To Pay Employment Taxes– Penalties As an employer, you must pay work taxes if you have workers. Fail to pay and the IRS will rain all over your parade. Penalties If you have staff members, you absolutely need to deduct and withhold various taxes from the paychecks of your staff members. Because you are subtracting cash from the worker’s paycheck, you are handling their funds. This truth is essential to the Internal Revenue Service and it positions fantastic emphasis on any failure to deposit work taxes. If you fail to pay work taxes, you will be subject to a...