How to Settle Payroll Tax Debt With the IRS as a Business Owner
In this episode, Attorney Brian Loughrin explains why falling behind on payroll taxes is one of the most serious tax issues a business can face. He breaks down what payroll tax debt really is, why the IRS takes it so seriously, and how quickly they act when payments go unpaid. Brian also covers the trust fund recovery penalty—how it can make business owners personally and even criminally liable—and outlines real solutions for resolving payroll tax debt before it leads to enforcement action.
By
Brian T. Loughrin Tax Attorney
