Payroll Taxes
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New Trump Tax Cuts Could Cost U.S. $4.6 Trillion, Bipartisan Watchdog Agency Says
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New Jersey Business Owner Failed to Pay $10 Million in Payroll Taxes
A New Jersey business owner faces a federal prison sentence after failing to pay more than $10 million in payroll taxes.
Colorado Businessman Gets 15 Months for $737K Employment Tax Evasion
A Colorado man has been sentenced to 15 months in prison for evading the payment of more than $700,000 in employment taxes he owed to the IRS.
California Construction Company Owner Guilty of Employment Tax Crimes
He was found guilty of not timely filing employment tax returns and did not pay withholdings to the IRS for 2014 and the last three quarters of 2015.
Colorado Department of Revenue Seizes Headquarters of Boston Market Over Unpaid Sales and Payroll Taxes
McDonald’s purchased Boston Market in May 2000, eventually selling it to Sun Capital Partners, a private equity firm in 2007, which in turn sold the company to the Rohan Group during the pandemic.
IRS Makes Minor Changes to 2023 W-4 Form
If you know Form W-4 like the back of your hand, knowing these 2023 changes should be enough to close out this article and go about your day.
6 Tips for Meeting New IRS Information Return Reporting Requirements
With new tax reporting requirements taking effect in 2023, it is imperative that SMB owners understand the tax implications of those recent workforce changes
IRS Warns of Third-Party Employee Retention Credit Claims
These third parties often charge large upfront fees or a fee that is contingent on the amount of the refund and may not inform taxpayers that ...
Deferred Payroll Taxes Are Coming Due Soon
Businesses have until December 31, 2022, to meet their obligations for federal payroll taxes deferred from as far back as 2020. If a business fails to comply, it may be hit with a hefty tax penalty.