Ignoring or falling behind in payroll tax payments leads to a host of problems. The IRS will assess up to 25-percent penalties on late payroll tax payments. Failure to pay payroll tax can also lead to seizure of business assets or a levy on your bank accounts. Tax Tiger professionals can help you avoid or control such payroll tax problems. Click Here For Payroll Tax Problems!
Our Tax Tiger team has helped numerous businesses resolve payroll tax problems. We can stop the build-up of penalties by negotiating a settlement with the IRS. In many cases, Tax Tiger has been able to broker settlement payments for pennies on the dollar. You can then pay one smaller lump sum to the IRS in settlement of your payroll tax problems.
Negotiate Ways to Deal with Payroll Tax Problems
If you cannot afford to make a one-time payment, Tax Tiger can negotiate an installment plan with the IRS. Installment payments allow you to end your payroll tax problems and stop the accrual of penalties. Understanding the types of IRS installment plans allows Tax Tiger to get the best deal for your business.
Payroll tax problems can become personal tax problems. Failure to file timely payroll tax returns can result in a "Trust Fund Recovery Penalty." In this case, the IRS can require you to pay for the business's payroll tax problems. You could be found responsible, even if you are not an owner of the business. Our Tax Tiger professionals understand the how the IRS determines who is responsible for payroll tax problems. Our attorneys have nearly 50 years of combined experience with the IRS. Calling for a free confidential consultation will put the power of Tax Tiger's experience behind you in resolving your IRS tax problems.
