Payroll Taxes Attorney in Tampa

Finding Solutions that Work for Your Business in Florida

If you're behind on your payroll taxes, speaking to a Tampa tax attorney can significantly improve your situation. The longer you wait to resolve your tax debt, the more anxious you'll feel about it and the worse off you will be.

As someone who has fallen behind on their own taxes, we understand what you're going through. We also understand that there are ways to climb out of this mess and come to an agreement with the IRS.

Far too often, taxpayers are too intimidated to take care of their situation – but with our help, you can face this problem head-on. As a qualified Tampa tax attorneys, we can identify your options and help you navigate every part of the process.

What Is the Difference Between Income and Payroll Taxes?

Employers are responsible for withholding taxes from their employee’s wages. The employment tax that is withheld from each of the employee’s paychecks are categorized into payroll and income taxes. There is a difference between which include:

• The federal government administers payroll taxes and uses them to fund Social Security and Medicare
• These payroll taxes are withheld at a flat rate and the employer also pays a portion
• Income taxes refers to taking deductions, exemptions and credits from the employee’s paycheck for sources other than employment
• The tax is used to fund the national defense, social programs and additional government expenses
• Income tax is based on a bracket system; the income tax increases with the employee’s salary