Tag: failure to deposit penalty
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Inside the IRS’s 2026 Enforcement Playbook: What Small Businesses Should Expect Before Year-End
IRS staffing fell sharply in 2026, but automated matching, sequenced collection notices, and campaign driven selection carry more weight than ever. This flagship explains how CP2000 matching, new 1099 thresholds, the CP14 to LT11 ladder, partnership audit rules, and open ERC inventory shape small business exposure before year-end.
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Why Borrowing Payroll Taxes Costs More Than Any Loan
Using withheld payroll tax to cover a cash shortfall is not a loan. Penalties reach ten percent within two weeks and fifteen percent after notices, interest compounds daily, and the debt shifts to personal liability that survives bankruptcy. Understanding this cost structure before a deposit is missed preserves far more options.
