IRS Tax Debt

Help with IRS Payroll Taxes: What They Are, How They Work

BTP · February 3, 2012 ·

When your new employee fills out a W-4, it affects their withholdings for Federal Income Tax, Social Security, and Medicare. What does it mean for the business owner? Businesses are required by the IRS to withhold taxes from employee wages, and then pay them directly to the IRS. This usually occurs on a quarterly basis […]

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