http://taxhelpsarasota.com/tax... Generally, being "responsible" is a good thing, but not in the payroll tax world. If you're labeled a "responsible person" it means the IRS can pursue you personally for the unpaid payroll taxes of your company.
It can happen to owners, officers, and even secretaries. If you have signed checks or have the authority to do so, you may be stuck with the bill even if you had no idea the IRS wasn't paid.
When an employer withholds tax from an employee's paycheck, it is trusted to turn that money over to the IRS. When that doesn't happen, the IRS will assess that unpaid tax against each and every "responsible person."
A responsible person is anyone who the IRS deems could have paid the tax and failed to do so. That means that the IRS can ultimately come after you and your personal property to satisfy the unpaid taxes.
Thousands of individuals every year find themselves facing this problem. Don't be one of them. If you are worried you may be a "responsible person" ensure that payments are going where they should, and if you are already in trouble with the IRS, we can help. Go To: www.TaxHelpSarasota.com or Call our experienced tax controversy professionals at 941-906-7585 to schedule a free in-person consultation.
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