Employment taxes are a constant source of frustration for companies of all sizes. Federal and state withholding and unemployment tax rules are difficult to comply with; particularly if a company operates in more than one state.
Accurate and timely compliance, including EFT payment of taxes due, is critical if a business wants to avoid interest, penalties, and potential officer liability actions.
On the positive side, a business can save employment tax costs such as unemployment taxes by making the proper elections or structuring a reorganization in the correct fashion.
Virchow Krause's employment tax specialists can provide you with advanced tax planning and restructuring advice, help with reporting systems implementation, and assist with audit issues.