eTaxrelief

Do you feel that yours is an open wallet when the IRS or State agency comes calling. We can help you!

Don't wait till the IRS:

Issues a Notice of Levy on salary, bank accounts or property (legally seize property to satisfy the tax debt)

 Assesses a Trust Fund Recovery Penalty for certain unpaid employment taxes

 Issues a Summons to the taxpayer or third parties to secure information to prepare unfilled tax returns or determine the taxpayer’s ability to pay.

We can also help employers with payroll tax problems. Employers are responsible for turning over to the government, employee withholdings and employer contributions on a quarterly basis.

The amounts an employer should withhold from employees for income, social security, and Medicare taxes (also called withheld or trust fund taxes), plus

 The amount of social security tax and Medicare taxes an employer pays on behalf of each employee, are considered trust funds and are to be transfered to the government.

Paying employment taxes late, or not including payment with a return if required, could result in additional penalties and interest on any unpaid balance. Failure to Deposit  penalties of up to 15 percent of the amount not deposited may be charged, depending on how many days the payment is late.

Unpaid employment taxes could cause additional collection action to be taken. IRS could require an employer to:

 File and pay employment taxes monthly, rather than quarterly, or

 Open a special bank account for the withheld amounts, under penalty of prosecution.

 Enrolling in and making current tax deposits through the Electronic Federal TAx Payment System (EFTPS) can help employers stay up-to-date with their payment requirements

Don’t let a tax stranglehold ruin your credit, stop you from refinancing, or reduce the amount of money you receive from savings or client income, if self employed. Don’t let a levy put you out of business.

Your IRS tax debts require immediate action.

Ignoring the IRS will not make them go away.

Get help. Call for a free and Confidential Tax Analysis.

Call us at:

(415) 374-3498 

Our licensed Enrolled Agents have the skills and experience to resolve your IRS problems.

Call: (415) 374-3498

or complete our contact us form today!