Business Payroll Taxes

Let Us Help You Solve Your Business Payroll Tax Problems

Getting Assistance for Payroll Tax Problems: What You Need to Know

As a business owner, are all your payroll tax obligations being met? Are you delinquent in paying these quarterly taxes? A knowledgeable payroll tax professional from National Tax Debt (NTD) can provide payroll tax help and take control of your payroll tax problems, expediting them to resolution.

State and Federal Payroll Tax Assistance

“Payroll Tax” refers to two types of taxes business owners must pay: Withholding Taxes – Employers are required by law to withhold a certain portion of an employee’s income and match some of these contributions as well. The income is withheld to pay for a variety of things such as federal income taxes, Social Security, and Medicare taxes. In many states, the employer payroll tax includes city and state taxes deducted from the employee’s paycheck. Pay-As-You-Go (PAYG) or Pay-As-You-Earn (PAYE) Taxes – PAYG and PAYE payroll taxes are a business expense paid by the employer. They are directly related to the costs of employing an hourly or salaried worker.

Payroll Tax Attorneys

Our team at NTD is experienced in tax law. You need a qualified payroll tax professional to help you resolve your tax debt now and protect your financial future. We can also help you gain a better understanding of small business payroll taxes to ensure compliance with the law.

What is FICA?

The Federal Insurance Contributions Act (FICA) is also known as Social Security and Medicare tax. The employee must pay this tax in every paycheck, and the employer must provide an equal amount. Failure to submit your company’s quarterly federal payroll taxes will bring aggressive action from the IRS, threatening the possible loss of your business. NTD tax experts are experienced in IRS negotiations. Without a skilled tax professional working on your behalf, you can miss the opportunities available to you.

Unemployment Taxes

Aside from the regular employer payroll tax payments, every employer must also pay both state and federal taxes for Unemployment Benefits on each employee. These are respectively known as the Federal Unemployment Tax Act (FUTA) and the State Unemployment Tax Act (SUTA). These taxes protect employees in the event they lose their jobs, enabling them to draw unemployment income.

Understanding Forms and Paperwork

It is extremely important for an employer to keep accurate, updated payroll information to avoid potential payroll tax problems. If any of this information is incorrect, it can result in errors and serious consequences with the IRS. National Tax Debt can help you with these requirements and resolve tax debt problems.

Delaying payroll tax debt repayment will only result in escalating penalties and fines. It is imperative that you have a competent tax professional on your side.

Payroll Tax Help

At National Tax Debt we have the knowledge and expertise to help bring resolution to your business payroll tax debt problems. Our tax professionals will work with you to determine your current situation and find the best strategy for your unique requirements.

Call our friendly and knowledgeable tax relief agents at (800) 206-0951.