Payroll taxes are those that employers withhold from the wages of their employees. This particular amount is paid to the appropriate government agency and used to fund social security, medical care, local infrastructure, and more. Ideally, the payroll tax is collected by the federal government. Then it is distributed to the different regions of the country.
If you are an individual taxpayer, you don’t have to manually pay from the paycheck. The employer of your company will do it on your behalf. If you don’t address your payroll debt immediately it can cause significant tax issues to your business. The tax law changes over time. So, it is essential to seek guidance from experts who are up to date with the latest developments in payroll tax law. If you are mistaken while calculating the payroll taxes, you can cross-check with the payroll tax attorney and take necessary action.
The IRS has no tolerance for employers who fail to pay payroll taxes. When payroll tax controversies arise, it has caused small businesses to shut their doors.
Payroll tax attorneys have extensive knowledge of payroll tax law. If you are facing legal representation early in dealing with the IRS, contact the payroll tax attorneys of Mitchell Tax Law. The firm provides a customized solution to all tax disputes. We review all the areas where mistakes can happen and then move further to find out the right solution for all your needs.
Payroll tax is the money that an employer must pay to the IRS on behalf of employees. The tax lawyer is ready to file a return to submit to the IRS. In case you need an extension for filing, the attorney can fill out all the necessary paperwork and request that extension from the IRS.
Most states require employers to withhold income tax from employee wages. In case of disputes, or noncompliance with payroll tax regulations, our attorney provides legal representation and talks to the IRS on behalf of you. When your business faces a payroll tax audit or investigation by government agencies, we are there to navigate the audit process.
Having an attorney by your side protects you from all kinds of threats. Call us today and schedule an appointment with our experienced experts to find out the resolution to all your taxes.
No comments yet