Tag: 100% Penalties

Past Due Employment Taxes

What are employment taxes? The most forceful collection activities are applied to collect past due employment taxes. Employment taxes are one type of Trust Fund Taxes, meaning that the business owner has withheld the taxes with the purpose of...

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100% Penalties

Am I Liable for My Company’s Taxes? You notice that a lot of tax notices are coming in. You try to read the notices, but the bookkeeper whisks them away, telling you they are nothing. Weeks later the IRS walks in the front door, as the bookkeeper...

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