Thursday, December 10, 2015

IRS's New Early Interaction Initiative to Help Employers Maintain Payroll Taxes

In News Release IR-2015-136, the IRS has announced a new initiative (Early Interaction Initiative) designed to more quickly identify employers who are falling behind on their payroll taxes and then help them get caught up before incurring needless interest and penalty charges. It will seek to identify employers who appear to be falling behind on their tax payments even before an employment tax return is filed and then offer helpful information and guidance through letters, automated phone messages, other communications, and, in some instances, a visit from an IRS revenue officer. IR-2015-136.

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