The IRS views failing to pay payroll taxes to be comparable to stealing your employees' money.
As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
If you are behind on paying payroll taxes for your company and would like assistance in contacting the IRS, please do not hesitate to contact us.
At Nagel & Padilla we bring an integrated approach to anticipating and meeting client needs that merges traditional accounting with strategic planning and advisory services. With this holistic approach our goal, ultimately, is to support our clients in achieving business, financial and personal goals.