So, penalties for unpaid payroll taxes and not filing your payroll tax returns timely are much more severe than other penalties. Such penalties can drastically multiply the amount of overall taxes you owe in a very short time. IRS Trust Fund Penalties Plano, IRS Trust Fund Penalties Frisco
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive pursuing collection of unpaid payroll taxes. They would rather close your business down, seize your business assets, and auction your assets than allow you to continue amassing additional payroll tax liabilities. IRS Trust Fund Penaties Allen, TX IRS Trust Fund Penalties DFW
If you have unpaid payroll taxes, hire a professional to represent you today! DO NOT meet with the IRS on your own. How you answer their initial questions can impact how much you will owe and what course of action they will take. It can utimately determine whether you stay in business or not. It is imperative that you hire a professional representative who knows how the IRS operates. IRS Trust Fund Penalties Dallas, IRS Trust Fund Penalties McKinney, IRS Trust Fund Penalties Richardson
Some of the key methods of reducing your obligations related to payroll taxes are:
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Determining if the business or you are liable for the taxes. The business may be the only party responsible for the employer portion of payroll taxes. Payroll Tax Problems Plano
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Identify your responsibilties in the company and whether or not you were responsible for the company not remitting employee withheld taxes to the IRS. Payroll Tax Problems Frisco
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Determing if other individuals were responsible, regardless of your responsibilty, for not remitting employee withheld payroll taxes. If such individuals paid the payroll taxes, you can get credit for their payments! Payroll Tax Problems Allen, TX
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Identifying when payroll tax returns were filed and have deadlines passed for further penalty and tax assessments. Payroll Tax Problems Dallas, Payroll Tax Problems DFW, Paryoll Tax Problems Richardson, Payroll Tax Problems McKinney
These are just a sample of the steps we perform in representing you in such tax disputes. So do not under estimate the benefit of our representation services! Contact us today for a consultation.