Tax Services: Payroll Tax Problems

Do you have payroll tax problems with the IRS? The IRS is very aggressive in their collection attempts for past due payroll taxes.

The IRS continues to use Enforced Collection when it comes to unpaid payroll taxes and payroll returns that haven't been filed. Enforced Collection can include a levy on the assets of the business, including the accounts receivable, equipment, automobiles and the bank account.

The IRS can also close a business for non-payment of payroll taxes. If the business is closed or files for bankruptcy protection, the IRS will look to the owner of the business for collection of the penalties, interest, taxes and trust funds. In the case of a corporation or a partnership, the IRS will look to the person responsible for paying the payroll taxes to collect the trust funds. This is known as the Trust Fund Recovery Penalty.

• The penalties assessed on delinquent payroll tax deposits or filings can increase dramatically the total amount owed in a matter of months.
  
  
• We believe that it is critical to have one of our agents represent taxpayers in these types of situations.
  
  
• How you answer the first five questions asked by the IRS may determine whether you stay in business or are liquidated by the IRS.
  
  Warning!
  
  You should avoid meeting with any IRS representatives regarding payroll taxes and IRS tax problems until you have met with a professional to discuss your options.
  
  The tax professionals at Progressive Tax Group are ready to work with you and the IRS to devise a plan for you to fully pay your tax bill through monthly installments. Don't wait any longer, contact us now!

For more information, please visit our Frequently Asked Questions
and IRS Guidelines.