Unpaid payroll and unemployment taxes can result in the seizure of your business and personal assets, including the closing and liquidation of your business. At a minimum, it can result in assessment of substantial penalties and interest. The IRS, along with state tax agencies, view unpaid payroll taxes very seriously. It is the most aggressively pursued tax the government is involved with. The reason for this aggressive pursuit is that taxes withheld from employee's wages are held in trust by the employer and then remitted to the US Treasury. When they are not remitted, the IRS considers it as a violation of the trust relationship - after all, this is the employee's money - so they vigorously go after collection of these funds. Federal law gives the government greater power to recoup these unpaid taxes. As a result, the IRS has the ability to collect these payroll tax liabilities from the owners, officers and even responsible employees. You don't want this happening to you. If you find that you are behind in paying your payroll taxes, please give me a call so I can get the problem resolved before it gets totally out of hand.