02/21/2019
Almost nothing will excuse a failure to deposit payroll taxes. Reason: Depositing payroll taxes is a nondelegable duty, so even if you assign this task to someone inside or outside the company, you’re still on the hook if your taxes aren’t deposited.
02/21/2019
Approximately 30 million taxpayers will owe the tax underpayment penalty when they file their 2018 1040s because they didn’t have enough income taxes withheld or their estimated tax payments fell short.