We know that you did not mean for this to happen and that the pressure of keeping your business going led you to make the wrong payroll tax decisions. We can help you resolve this payroll tax problem quickly and get you in IRS tax compliance.
The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees’ withholdings.
As a result, penalties can add up fast including Failure to File penalty, Failure to Pay penalty, and Trust Fund Recovery Penalty. These IRS payroll tax penalties are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive in pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax debt.
If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a Tax Resolution expert who knows how the IRS operates.
We can help you deal with your payroll tax issue before IRS aggressively comes after you, including paying your business a visit.
Additionally, you do not want your employees to know about this payroll tax issue because it will affect your employee’s morale and the way they perceive you.
We can help you get payroll tax relief. You should not deal directly with the IRS on payroll tax issues.
Call us to schedule an appointment today!