Friday, June 26, 2015

IRS Debt Collection

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!

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