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The IRS views failing to pay payroll taxes as the "cardinal sin" of tax delinquency. Not paying your company's payroll taxes is tantamount to stealing your employees' money in the eyes of the IRS, as a large portion of the payroll taxes are your employees' withholdings.
As a result, penalties for failing to pay your payroll taxes and filing your payroll tax late are much more severe than other tax penalties. The amount you owed can drastically multiply in in a very short time.
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive when pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.
If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether or not you stay in business. It is critical that you hire a professional representative withn expertise in tax regulations and who knows how the IRS operates.