What is the "Trust Tax"? Payroll Tax Help Pensacola FL

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http://www.youtube.com/watch?v=MxL0uLlvrzk Businesses are required to withhold certain taxes from the paychecks of their employees. They are then required to send that money to the IRS. This is sometimes called the “trust tax.” But when a business begins to struggle, and the choice is on the table of whether to pay rent, vendors, or the IRS, it can become very easy for a business to choose to keep their suppliers and landlord happy and not pay the IRS.

14 Nov 2013

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employment, pensacola, tax, taxes, trust

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