The IRS statute of limitations is usually 3 years to audit or make an assessment. There are many exceptions from this rule that give the IRS 6 years or longer. And once an assessment is made, the IRS collection statute is normally 10 years. Incredibly, in some cases the IRS can go back 30 years! If you don't pay your income taxes and the IRS will come after you, But fail to pay PAYROLL taxes, and they can push even harder!
If you can't handle payroll taxes in-house, hire a payroll service!
(Forbes/RobertWood)
Contact Baldwin Accounting at 574-753-3498 for your payroll, bookkeeping, accounting or tax needs!
Friday, June 26, 2015
Tuesday, June 9, 2015
WROI Radio Show
Don't forget to tune in at 10:00 am on Wednesday to WROI 92.1. Barry will be discussing management issues that face businesses today. There will be a time to call in with questions and Barry will answer them at that time. The radio station can be streamed live at WROIFM.COM.
Monday, June 8, 2015
Stay Tuned!
Tune in Wednesday, June 10 to WROIFM.COM and listen to Barry and Tom discussing business management issues. This is the last topic in a series to help the business owner. The next session will be a question-and-answer time for Barry to answer YOUR questions. If you have a topic that you would like discussed, please call our office at 574-753-3498 or the radio station.
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