Denver Tax Attorneys – Payroll Taxes & Trust Fund Recovery Penalty

Denver Tax Attorneys – Payroll Taxes & Trust Fund Recovery Penalty

The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees’ withholdings.  Not paying your company’s payroll taxes is tantamount to stealing your employees’ money in the eyes of the IRS.

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.

The IRS can be extremely aggressive pursuing collection of this type of tax.  If you are behind on paying payroll taxes for your business, the tax attorneys at Dennis M. Lanphier, P.C. can help.

Contact a Denver, Colorado Tax Attorney

If you are seeking legal representation from a tax attorney, please contact our office today for a free consultation. You can reach us by calling 720.306.8025 or by emailing us at info@denvertaxcounsel.com.