By Payroll and Entitlements Editorial Staff
The Internal Revenue Service today announced the results of a national two-week education and enforcement campaign to combat employment tax crimes featuring visits to nearly 100 businesses showing signs of potential serious noncompliance and taking several dozen legal actions against suspected criminals. Payroll taxes withheld by employers account for nearly 72% of all revenue collected by the IRS, making noncompliance and cheating in this area one of the biggest problems for the nation’s tax system. Payroll taxes are a priority area for the IRS, and IRS Field Collection and IRS Criminal Investigation (CI) undertook a special campaign to shore up this area of compliance during a two-weeks period between March 25 and April 5. (IRS News Release, IR-2019-71, April 11, 2019.)
Interested in submitting an article?
Submit your information to us today!Learn More