ARCHIVED BLOG POSTS

2020 

Payroll Tax Liability Collection from Individuals  In last week’s blog, here, I spoke about the actions that the IRS takes against a business to collect delinquent payroll taxes, known as “trust” taxes. What makes payroll taxes different than federal income tax is that the IRS had the ability to ...
02/27/2020
Payroll Tax Assessment & Collection for Businesses   As I mentioned in last week’s blog, here, “Struggling or failing businesses often use these funds (payroll tax withheld from employees) to pay their employees and vendors in order to stay open instead of sending the money to the government. Uns...
02/24/2020
Introduction to Payroll Tax Liabilities When I do presentations at local business networking meetings, I am frequently asked these questions by people with significant tax liabilities:           What are my chances of being audited?          Am I going to lose my house?          Could I go to jai...
02/13/2020
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Michael O'Leary EA, NTPI Fellow

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