Episode 3

full
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

Connect with Cary and Angie Bryson:

Facebook

Website

LinkedIn

Show artwork for Talkin' Tax

About the Podcast

Talkin' Tax
Serious Tax Talk with a Louisiana Twist
Co-founders of the Bryson Law Firm, Cary and Angela Bryson, have over 40 years of combined legal experience in Louisiana and Texas and have built a thriving and successful law firm that aids their fellow “Loosianans” and Texans when it comes to the complicated realm of taxes.

Together with the help of their roots, experience, and deep insight, they break down topics such as bank levies, lien assistance, tax resolution, payroll, and more on their podcast Talkin' Tax for anyone who needs a little bit more guidance.

Rest assured that Cary and Angela, who are rooted in faith, family, and taxes, will help you understand your tax problems and find the best solution for them one episode at a time.

For more information, visit www.brysonlawfirm.com.