Payroll Tax Debt Relief
Failure To Pay Payroll Taxes Is A Serious Tax Violation
The IRS considers failure to pay payroll taxes or file employment tax returns amongst the most serious of all tax violations. Given that the unpaid taxes include both employee income tax withholdings and employment taxes (i.e. FICA), an employer’s failure to deposit these sums with the IRS is deemed a violation of trust that exposes the business, and certain employees with bill-pay authority, to some of the IRS’ harshest penalties and enforcement tactics. Owing past due payroll taxes should not be taken lightly!
You Can Be Held PERSONALLY Responsible for Payroll Tax Debt
If you are an owner, corporate officer, employee with bill-paying authority, and certain third parties for a business with unpaid payroll tax debt, you are at extreme risk of the IRS assessing 100% of the unpaid taxes against you PERSONALLY as a penalty (i.e. Trust Fund Recovery Penalty). DO NOT meet with the IRS on your own. An IRS Revenue Agent will attempt to conduct interviews and leverage the responses to determine who best to pursue for the unpaid taxes (i.e. YOU or the business entity).
Let the tax specialist at Harris Tax and Financial Solutions provide the protection you need, and negotiate the best settlement of your payroll tax debt. Work directly with an experienced Enrolled Agent who has helped other employers settle their payroll tax liability while keeping their business open, retaining their assets, and avoiding the Trust Fund Recovery Penalty. Take advantage of our Free Consultation and Schedule an Office Consultation Today.