Payroll Taxes

Back Payroll Taxes and State Corporate Officer Liability

Recent cases from Illinois and Ohio regarding the withholding of income taxes offer insights into who the responsible person rules apply to at the state level. Illinois Responsible Party  In 2020 the Illinois Independent Tax Tribunal found that the president of a healthcare corporation was a personally liable responsible officer for unpaid Illinois income withholding tax in...

The Traps Associated with Single Member LLCs and Payroll Taxes

A common problem facing business owners with more than one employee are the risks associated with not paying their payroll taxes.  One quarter turns into 8 or more quarters of not filing payroll returns nor paying payroll taxes withheld from employees’ paychecks.  Business owners who have formed single member LLCs generally file a Schedule...