Tag: payroll tax problems

Common Payroll Tax Problems and Their Solutions

IRS Payroll Tax Problems with The Law Offices of Nick Nemeth

Every business, no matter how big or small, is required to withhold a certain part of its employees’ wages  to pay applicable federal, state and local taxes on their behalf. If a business fails to pay payroll taxes in time, the IRS has the right to impose interest and penalties and the federal body has been quite aggressive in its recent payroll tax collection practices, with even the slightest anomalies in payroll tax payments coming under its lens. If you are facing any payroll tax problems, speak with the tax attorneys at the Law Offices of Nick Nemeth. Continuing on

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4 Mistakes that Can Lead to a Major IRS Payroll Tax Problem

IRS payroll tax problem With Nick Nemeth

Payroll taxes can not just cost a company a lot of money, but it can also be detrimental to its reputation. Every year several companies get penalized for making payroll tax payment mistakes, some intentional some unintentional. To avoid getting to that point where the IRS comes knocking at your company door for a payroll default, it is advisable to avoid the common mistakes that most companies. Come, let us take a look at some payroll mistakes employers make and ways to avoid them. 1 . Improper Worker Classification Employers are supposed to classify their workers as employees or independent

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