Free Tax Debt Analysis By Enrolled Agents

Do you feel your wallet open when the IRS or State agency comes calling? We can help you!

Don't wait until the IRS:

• Issues a Notice of Levy on salary, bank accounts or property (legal seizure of 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

For Employers with Payroll Tax Problems:

Payroll tax problems, make for some of the most challenging cases when it comes to dealing with the IRS.  Revenue Officers will pursue these liabilities and the responsible parties relentlessly and without mercy.  This is because payroll liabilities are at the top of a Revenue Officer's priority list.  Ignore a Revenue Officer on a case like this and you will have them showing up at your place of business, issuing levies to your vendors, levying your business bank accounts and possibly even threatening to close your business and sell off its assets to satisfy the debt.  It does not end there either.  If the business is defunct or ceases operations, the IRS will seek out the responsible parties and assess them individually to continue their pursuit to collect the tax debt. 

We can help employers with payroll tax problems. Employers are responsible for turning over to the government, employee withholding 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 transferred 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