The IRS will not go away by ignoring the problem.

Many, small business owners collect withholding taxes in anticipation of paying the IRS. However, the tragic economic downturns make it difficult for them to make payments. Although a business might shut down or be forced to close, the company’s principal is still accountable to make payments

If a business fails to pay payroll taxes revenue officers will aggressively pursue collection of unpaid payroll taxes from the business, and often from the company’s officers, directors, owners, and other responsible individuals: federal tax lien, frozen personal bank accounts, seizure of property, every other tool at their disposal.

The IRS will not go away by ignoring the problem. Before the IRS takes action against you personally, it is imperative to address the problem.