If you currently own or have owned a business with employees, and owe 941 or Employee Withholding Tax then you NEED TO RESOLVE YOUR TAX ISSUE IMMEDIATELY! The IRS is most aggressive when it comes to these types of taxes. If Payroll Taxes are not paid, you are putting your income, assets, and business reputation at risk.
If these taxes (Payroll Tax 940/941) are neglected long enough, the business may be forced to close and all assets can be seized to satisfy the debt. Regardless if the business is closed, you must make arrangements to pay the taxes. The IRS will not be deterred and by not paying or making arrangements your personal finances are at risk. One of our tax consultants who specialize in Payroll Tax Issues can discuss what options are available and what will be the best course of action.