Episode 3

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Published on:

24th May 2021

Talkin' Tax - Payroll Taxes

In the third installment of Talkin' Tax, the Brysons acknowledge the thorn in the sides of business owners - payroll taxes. Unlike individual taxes that we file once a year, payroll taxes are an ongoing payment process that business must make to the IRS throughout the course of a fiscal year. Failure to make payments on a timely basis can land you and your business in a whirlwind of trouble!

Luckily, the Brysons have countless case studies and years of experience in helping business owners address payroll taxes as a whole, as well as back payroll taxes.

If you're a business owner, who may be struggling to keep up with payroll tax payments, especially following Covid-19's impact on your business, get a notebook ready because this episode is full of beneficial information to get you on the right track!

Timecodes:

00:41 - Recap on prior episodes

02:20 - What are payroll taxes and why do business owners have to pay them?

03:45 - Why business have to make these payments in the first place?

05:00 - What happens when a business owner neglects to make these payments?

07:30 - Examples of the Bryson Law Firm working with business owners to help them deal with a payroll tax problem

15:10 - The Covid-19 pandemic's impact on the IRS coming after payroll taxes

19:10 - Strategies the Brysons recommend to clients in dealing with payroll taxes

22:43 - What options are available for someone who can't make payroll taxes?

25:05 - The general misconceptions surrounding payroll taxes

28:00 - There are plenty of criminal implications surrounding failure to make payroll taxes

33:20 - Final remarks

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About the Podcast

Talkin' Tax
Serious tax talk with a Louisiana twist
Cary and Angela Bryson are lifelong residents of Louisiana. Their roots give them deep insight into the needs of our fellow “Loosianans.”

With over 38 years of combined legal experience, you can rest assured that they know Louisiana tax laws and IRS tax laws. The Brysons are committed to representing clients from all walks of life to find the best solution to their tax problems.

Each episode, Cary and Angie dive into tax-related subjects facing their great state and providing the guidance and solutions you need.