A Department of Labor audit can raise questions about payroll, worker classification, and unpaid wages. Learn what New Jersey business owners should expect, how to prepare their records, and how legal guidance can help them respond.
Office in Freehold NJ |
732-333-0681 | Schedule an Appt
A Department of Labor audit can raise questions about payroll, worker classification, and unpaid wages. Learn what New Jersey business owners should expect, how to prepare their records, and how legal guidance can help them respond.
The IRS can levy a bank account and, in some cases, retirement savings to collect unpaid taxes. A bank levy generally comes with a short holding period before the money is sent to the IRS. Acting quickly can make the difference between protecting your money and trying to recover it after it is gone.
An IRS payroll tax audit can uncover much more than mistakes on Forms 941. Learn what the IRS examines, why cash payments and worker classification can create major exposure, and when unpaid payroll taxes can become the business owner’s personal liability.
New Jersey reported that it collected approximately $1.33 billion in Sales and Use Tax during August 2026, 14.3% more than during August 2025. Because sales tax payments are reported with a one-month delay, the August figure principally reflects July business activity. Higher collections do not necessarily mean that audits produced the increase. However, the report … Continued
A New Jersey restaurant audit can go far beyond reviewing tax returns. Auditors may compare POS records, bank deposits, credit-card receipts and vendor purchases—and may use a mark-on analysis to reconstruct sales when records are inadequate. Two restaurant audits we handled show just how much good recordkeeping can matter.
THE SHORT ANSWER: If an accountant or payroll company takes money that was supposed to be paid to the IRS, the business generally still owes the payroll taxes. The IRS may also charge penalties and interest, and certain owners or other responsible individuals may face personal liability.The business may have a claim against the payroll … Continued
An IRS or New Jersey tax audit does not disappear because you ignore the notice. Learn what can happen when a business owner fails to respond, has missing records, misses deadlines, or has already closed or sold the business.
Can the IRS garnish your wages for tax debt? Learn how IRS wage levies work, how much may be taken, and why acting before a levy matters.
A Bergen County business owner received a two-year federal prison sentence in a case involving approximately $670,000. The case demonstrates why businesses should not assume federal investigators pursue only multimillion-dollar fraud.
A New Jersey Division of Taxation audit can involve months of document requests, questions, and review. Learn what business owners can expect during a state tax audit, including the initial meeting and business tour, record review, timing, potential assessments, and how representation can help keep the audit from taking over your business.