EP56: Back Taxes Payroll Issues

Tax Man, Tax Relief Podcast

Business owners who experience difficulty with payroll taxes generally have difficulty with cash flow. This occurs when they are waiting on payments from others in the business, yet they must continue to engage people to do the work.

Unfortunately, not paying the IRS in anticipation of being able to make the payment at a later time leads to significant penalties, interest, and a cycle of nonpayment.

Business owners and employers should strive to remain current on payments while simultaneously looking at possible payment plans and settlement options for past-due amounts.

Learn more in this new episode: Back Taxes Payroll Issues ▶️

If you need help solving your IRS problem with ease, request a free consultation at 201-479-2572 or visit https://fal.cn/3vqIv.

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Jonathan Donenfeld is a Certified Public Accountant (CPA) and Master of Science in Accounting (MSA) with more than a decade of experience in tax, accounting, and finance. After receiving his undergraduate degree from New York University and his Master's Degree from Baruch College, he held positions at leading accounting and consulting firms, most recently in the Private Client Tax Group at FTI Consulting Inc. providing tax and business advisory services to private companies and high net worth individuals. He also worked in the tax department of Rothstein Kass (now KPMG).

Inspired to pursue his dream of starting his own business, Jonathan founded JLD Tax to help other small businesses in Jersey City and Hudson County. He also prepares tax returns for individuals and takes a special interest in Tax Resolution cases, helping people successfully navigate their IRS issues.