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IRS warns employers: Beware shady payroll services

by on
in Small Business Tax,Small Business Tax Deduction Strategies

The IRS recently issued a warning, reminding employers that they remain responsible for paying payroll taxes on time, even if their outsourcing partner fails to do its part.

Example: A New Jersey doctor’s office tried to avoid paying penalties and interest on unpaid taxes, noting that its payroll provider embezzled the tax payments. But the IRS said reliance on a payroll service (even a crooked one) isn’t “reasonable cause” for failing to pay tax.

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