Payroll Tax Problems
The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency. Why? Because a large portion of the payroll taxes you pay is your employees’ withholdings. In the eyes of the IRS, not paying payroll taxes is equivalent to stealing from your employees’ money.
Severe Penalties for Payroll Tax Delinquency
Penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
The IRS Is Extremely Aggressive in Collecting Payroll Taxes
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive in pursuing the collection of this type of tax. If you fall behind on payroll taxes, the IRS may:
- Seize your business assets
- Force closure of your business
- Sell your assets at auction
- Put you out of business
Their priority is to stop the accumulation of additional payroll tax liabilities, even at the cost of the business’ survival.
Don’t Face the IRS Alone
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 professional representative who knows how the IRS operates.
Professional Representation is Crucial
- Hire a professional representative who:
- Understands IRS operations
- Can navigate complex payroll tax issues
- Will protect your rights and business interests
Let us help you safeguard your business and employees
Get a free consultation on how to resolve your payroll tax problems by completing the form below.