tax deposit

Tips From the IRS for Employers Outsourcing Payroll

Outsourcing payroll duties to third-party service providers can streamline business operations, but employers are ultimately responsible for paying federal tax liabilities. Recent prosecutions of individuals and companies who – acting under the guise of a payroll service provider – have stolen funds intended for payment of employment taxes makes it important that employers who outsource […]

Revenue officers given 15 days to contact employers included in federal tax deposit alert cases

[IRS Memorandum SBSE-05-0711-064, 7/1/2011]: The IRS Small Business/Self-Employed (SB/SE) Division has issued an internal memorandum that instructs its revenue officers to contact employers in Federal Tax Deposit (FTD) Alert cases within 15 calendar days. The FTD Alert program (the Alert program) is a proactive process that provides for early intervention by the IRS when semiweekly […]