In your experience, how willing is the IRS to work with employers with unpaid and unfiled 941's, W3, etc? I have a client who has about $80k (plus penalties and interest) in unpaid FICA, federal and state income tax withholdings (last six quarters). We are filing the unfiled returns over the next few weeks. Will the IRS work with them or is someone getting their metaphorical thumbs broke?
Posted by nbk523u
1 Comment
Work with them in what regard? These are trust fund taxes, meaning the second they are incurred they are legally no longer the employer’s funds. This is probably one of it not the worse type of tax to play games with.