Resolving Employment Tax Issues for Businesses
Has your company or business failed either to file returns or deposit payroll taxes timely? Is the IRS threatening to shut your business down? Is your bank account being levied? Did the IRS issue tax liens against your business?
For a variety of reasons, businesses fail to timely deposit payroll taxes. Often, it is due to difficult financial times or lack of funds. However, the IRS considers nonpayment of payroll taxes to be a serious problem. Often, aggressive collection activities result.
You Can Be Held Individually Liable for Payment For Payroll Taxes
Business owners can be held individually responsible for unpaid employment tax, penalties and interest. In some cases, the IRS seeks to name employees who are not business owners as "responsible persons" subject to the same liability. An employment tax issue can threaten the solvency of your business and your individual assets. You must act quickly after you are named as a "responsible person" to avoid liability that could accrue in addition to your business liability.
Remaining compliant with employment tax obligations is one of the most important issues for businesses of all sizes.
Time Is Not on Your Side
No two employment tax cases are exactly alike, but employment tax problems do not disappear on their own. Penalties for nonpayment of employment taxes are extremely severe. The more employment issues are ignored, your options can become more limited.
Call Us for Help With Payroll Tax Problems
Contact the law offices of The Ponseti Law Firm - tax attorney, John Ponseti in Baton Rouge, Louisiana. We know that you need to continue current business in order to pay prior payroll taxes. Our experience allows us to review the specifics of your situation and determine the best options for you, individually, and for your business. In many instances, penalties can be removed or reduced. In other instances, settlement or the establishment of an IRS payment plan may be your best options.
Do not face the IRS on your own. To arrange a free and confidential consultation about your employment tax problem, call The Ponseti Law Firm or contact us by e-mail. Mr. Ponseti has more than 15 years of experience representing businesses, large and small, throughout the United States in employment tax disputes.
