Payroll Taxes – What can the IRS do if I miss paying payroll taxes? As an employer, it is your responsibility to collect, report, and to pay employment taxes.  If you do not, your tax case generally gets quickly assigned to an IRS revenue officer to collect any delinquent payroll taxes.  Yes, that means trouble. …

Payroll Tax 101 for the Business Owner Like any good business owner in the U.S., you’ve been paying employees on time, and you’ve been withholding federal income taxes and Social Security/Medicare taxes. But your responsibility doesn’t end there — now you must report the amounts that you have been withholding and pay those amounts, including…

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