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Glossary · Reading the business

Payroll tax

In short

These are taxes employers withhold from employee wages (like federal income tax, Social Security, Medicare) and also pay themselves (like unemployment, employer share of Social Security/Medicare).

What it means in a deal

Unpaid or mismanaged payroll taxes are a major red flag during due diligence, indicating poor financial controls or even fraud. You must verify the seller is current on all payroll tax obligations via IRS transcripts and state records, as you could inherit these liabilities post-closing.

Common questions about Payroll tax

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Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.

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