Self employment tax calculator
Your profit in. Your quarterly number out.
OpenPenalty calculator
See what late filing and late paying add.
OpenWhy it matters
Store owners collect sales tax for the state and withhold payroll tax for the IRS. Both are money held for others.
See our small business guide for payroll rules and your state page for sales tax.
A tax pro can help.
- Taxes you withhold from workers are trust fund taxes. You hold their money until you deposit it.
- Late payroll deposits cost 2% (1 to 5 days late), 5% (6 to 15 days) or 10% (over 15 days). It rises to 15% after an IRS demand.
What a tax pro may ask you
Have these ready. Clear answers help a tax firm see what fits you.
- Which tax years you have not filed
- The notice code in the top right corner of any IRS letter
Common questions
Can a tax pro stop IRS collection?
They can ask the IRS for a payment plan, a hold, penalty relief or an offer, based on your facts. Results depend on your situation. Not every case qualifies.
Ways to get help
Results depend on your situation. Not every case qualifies.





