Payroll Taxes and the Internal Revenue Service (IRS)

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Business owners who are behind on paying their payroll taxes may find themselves in a big mess. The IRS requires employers to withhold money from their employees’ paychecks that those employees owe or will owe the government in the future. And officers of the company may become liable for these unpaid taxes in certain situations.

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Published In: Bankruptcy Updates, General Business Updates, Consumer Protection Updates, Finance & Banking Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© George Bourguignon, Law Office of George E. Bourguignon, Jr. | Attorney Advertising

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