My Husband and I have just started our own business last year and in order to make ends meet we got behind on paying our monthy state taxes but we are getting caught up now will we lose our business license or get audited for this. I know that we are getting penalized for late paying our taxes
I assume you are talking about payroll taxes or unemployment taxes. You probably won't lose your business licencse but there will defintely be a time based penalty so get caught up as soon as possible.
And yes it may spark an audit. |
