Tag: Employment tax

What You Need to Know About Employment Tax Withholding

Nothing can trigger an IRS audit quicker than a company not properly reporting and paying Employment Tax on its employees, so it is very important for an employer to stay compliant by always keeping the proper documentation. There can be devastating consequences to both employers and employees when these taxes are unpaid because the IRS takes a very hard stance on any business that mismanages this process. Here are a few tips directly from the IRS to ensure your company stays in compliance.

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