What Are Unpaid Payroll Tax Penalties?

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The Internal Revenue Service assesses penalties and interest on an employer's account when they fail to collect, report, and remit payroll taxes. You can be held personally liable for failing to withhold employee taxes or to pay withheld income taxes and other payroll taxes to federal agencies.

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Original Article Source Credits:   The Balance Small Business , https://www.thebalancesmb.com/

Article Written By:  Jean Murray

Original Article Posted on:  March 05, 2021

Link to Original Article:  https://www.thebalancesmb.com/if-i-dont-pay-payroll-taxes-what-are-the-penalties-398734

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