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EP106: The IRS Is Targeting Your Self-Employment Earnings
Manage episode 445290744 series 2989229
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If you're self-employed or own a small business, you're likely on the IRS's radar.
In this episode, Jonathan Donenfeld talks about why the IRS is targeting self-employed individuals and small business owners, focusing on unpaid payroll taxes. This makes it easier for the IRS to collect. If you’re a business owner, not paying your payroll taxes could result in personal liability under the trust fund recovery penalty. He also explores why most IRS revenue officers are dedicated to cases involving self-employed individuals like us. This shows that no matter your income if your tax filings aren’t in order, the IRS could be coming after you.
Tune in to this episode to get a clear understanding of the risks and learn what you can do to protect yourself and your business.
JLD Tax Resolution Group is here to lend a hand. Feel free to schedule a complimentary consultation by calling us at 201-479-2572 or visiting our website www.201tax.com.
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