PAYROLL TAX PROBLEMS

The resolution of all payroll tax problems for any Somerset business

In addition to offering comprehensive payroll management services, NT Bookkeeping and Tax Services provides representation and guidance to help Somerset businesses restructure and resolve payroll tax problems that can not be left unresolved.

The IRS perspective on past due payroll taxes

The IRS handles delinquent payroll taxes with severity. The money collected from employees is strictly designated for federal authorities and must be clearly accounted for. When payroll taxes are past due, companies can be subject to government audits of both business and personal assets in order to negotiate recovery of the debt. Combined with other economic factors, businesses with payroll tax problems may be subjected to a complex series of tax penalties best handled by experts who can expedite the resolution of the tax issues. Payroll taxes withheld from employees are considered the property of the Treasury Department. Officers are personally for the payment of these taxes withheld.

Payroll tax problems can place your business and personal assets at risk

Resolving your tax payroll problems involves more than simply negotiating with the IRS and state tax departments. NT Bookkeeping and Tax Services assists Somerset businesses in understanding their responsibilities as well as their rights, when settling tax debt due to payroll inconsistencies that threaten the sustainability of a commercial enterprise.

To negotiate equitable settlements for payroll tax problems and effectively restructure tax management systems to protect your business, contact NT Bookkeeping and Tax Services for a free consultation.