Does your business owe payroll tax? Is the IRS coming after you using aggressive tactics and threats? Are you looking for an affordable way to buy time and lower the amount owed? If you answered yes, you should consider hiring a tax attorney specializing in payroll tax debt problems. The right representation can not only save you time and money, but can protect your clients and accounts from being contacted by the IRS to repay the obligation.
Our tax relief professionals offer a free consultation in regard to your payroll tax debt absolutely free of charge. That’s because we know you’ll learn to trust the diligence of our network of accountants and attorneys who, every day, settle the most impossible tax debt issues.
From consultation to settlement, your personal account manager will work with you personally through the process. Our priority is protecting your business interest and your financial privacy and getting you the lowest allowable amount owed for the incurred tax debt.
The IRS requires that 941 Business Payroll Tax be paid by an employer on his or her employees at the end of every pay period and/or operating quarter. This includes federal income tax, social security and Medicare taxes and Federal Unemployment Tax (FUTA).
If these taxes are not paid, the IRS will make efforts, via computer processed (CP) notices or using one of their Revenue Officers (RO’s) to inform the business owner of their liability.
If these notices go unobserved and are not paid, the IRS may take the next step: sending notices of intention to levy. Assets can be seized in order to settle a business debt can be closed to collect. This is more the rule than the exception because the IRS takes seriously failure to pay business payroll tax debt withholding tax because it is seen as stealing directly from the government.
When you elect from the network of professionals and associates of Tax Attorney Now for power of attorney, they will immediately begin working closely with your Revenue Officers at the IRS to successfully abate and/or arrange a settlement proposal that can seriously cut your tax debt. They do this by enforcing rights that are specific to your business in your industry.
Business owners who try to tackle payroll tax debt themselves often find themselves worse for wear. This is because they submit an incomplete defense and are still responsible for their tax liability plus associated penalties and interest on that lost time. Your assigned associate may be able to request a reprieve against collections, buying time for the business to map out the most affordable repayment plan without suffocating operating costs, if that is your priority.
Payroll tax debt issues are not ones to be resolved by the taxpayer. It should be understood that a manageable attorney fee will be much more reasonable than paying penalties and interest for a mismanaged defense.
You’ve dotted the i’s, crossed the t’s, and set up a shortcut to the refund tracker on your browser. Now you have a pile, or hopefully a hard drive, full of receipts and documents pertaining to your financial circumstances. Do..
Read MoreYour business life and your personal life are bound to run together; you hit the gym on your lunch break, grab a meal with your client, and buy your boss a friendly holiday gift. However, it’s important to separate the..
Read More