When you work for someone else, your employer takes care of tax withholdings for you. When you work for yourself, you are responsible for the withholding and payment of these same taxes.
Brotman Law
The IRS Collections Process in a Nutshell
What is the IRS collection process? People not paying their taxes is a very serious issue for the IRS. It is something that we as tax practitioners call the tax gap. The IRS collection process is an increasingly serious step of collection measures designed to get people in compliance and make sure they stay in compliance.
The Complete Guide to IRS Audits
What Is an IRS Audit?
It is every small business owner’s worst nightmare … they have been notified by the IRS that they are going to be audited. IRS audits have a lot of bad connotations, but on a very basic level, an IRS audit is the IRS coming in and checking that your tax return was filed correctly.