The IRS views failing to pay payroll taxes as a significant tax delinquency because a large portion of the payroll taxes are your employees' withholdings. In the eyes of the IRS, not paying your company's payroll taxes is tantamount to stealing your employees' income.
As a result, penalties for failing to file and pay your payroll taxes on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
If you are behind on paying payroll taxes for your company, the time to take action to find a resolution is now. The IRS is extremely aggressive in pursuing collection of this type of tax. They would rather seize your business assets, close down your business, and sell your assets at auction than allow you to continue amassing additional payroll tax liabilities.
If you are behind on your payroll taxes, we urge you to consider retaining a CPA. It is critical you hire a professional representative who understands how the IRS operates and can work with you to find a solution.