Patriot Software's Blog

How to Request an Abatement of Payroll Tax Penalties from the IRS

Key Takeaways − If you file or pay payroll taxes late, the IRS can charge costly penalties and interest. You may be able to get penalties reduced or removed (abated) if you qualify for First-Time Abatement (FTA), or can show reasonable cause (e.g., serious illness, natural disaster, records destroyed). To request abatement, you usually: confirm […]

Read More How to Request an Abatement of Payroll Tax Penalties from the IRS

Restaurant Payroll, Simplified: The Best Payroll Process for Restaurants

Quick Answer: To run restaurant payroll, collect timesheets and tip reports, calculate gross pay (including overtime, multiple rates, and tips), apply withholdings and employer taxes, and pay employees on a compliant schedule. For tips, require monthly reporting (at least $20 in tips) and withhold FICA and income tax; consider the FICA tip credit (Section 45B). […]

Read More Restaurant Payroll, Simplified: The Best Payroll Process for Restaurants