Tax Resolution for Payroll Taxes
Behind on Payroll Tax Filings or Payments?
Our mission is to resolve your IRS payroll tax issues swiftly, allowing you to focus on what you do best—running your business. Let us handle the complexities of your payroll tax matters so you can move forward with confidence.
Getting Help
How a Tax Resolution Professional Can Help You
Running a good business comes with challenges, and sometimes cash flow issues or a busy schedule can lead to missed payroll tax deposits or quarterly filings. If you find yourself behind in your payroll tax filings or payments, it’s crucial to address the situation promptly.
You might think of it as temporarily borrowing from the IRS until your business recovers, but the IRS takes late payroll tax payments very seriously. These funds are vital for Social Security payments and other obligations, making timely payroll tax payments one of their top priorities.
A tax resolution professional can help you navigate this complex situation, ensuring your business stays on track while resolving your payroll tax issues efficiently.
Late Payroll Tax Payments: A Serious Matter
To the IRS, late payroll tax payments are akin to stealing from the government, and their enforcement is stringent. The best course of action is to seek help from a tax representation professional as soon as possible.
Penalties for late payroll taxes can escalate quickly, including failure-to-file penalties, Trust Fund Recovery Penalties, interest on late taxes, and the taxes themselves. It’s easy to find yourself in a deep financial hole with back payroll taxes due. Additionally, the stress and burden of unresolved payroll tax issues can weigh heavily on your peace of mind.
If you encounter any of the following issues, the IRS, state tax agencies, or local entities will send you a letter:
- Missing a payment deadline for payroll taxes due
- Missing a deadline for filing payroll tax reports
- Payment discrepancies where the amount paid is short or over what the tax agency calculates
- Discrepancies on your payroll tax returns that require an explanation
- Selection for an audit
- Failing to respond to previous correspondence
Important Note:
The IRS will never send you an email regarding these issues. They always send physical letters. If you receive an email, it’s a scam.
Failing to respond to initial IRS letters can lead to severe consequences such as liens, levies, garnishments, and seizures to collect payment. It’s crucial to address the situation promptly to avoid escalation.
Engaging a tax professional for your payroll tax problem is highly advisable. They can assist you with:
- Responding professionally to IRS correspondence
- Catching up on filing late tax returns
- Understanding the IRS Collections process and your rights
- Negotiating penalties, interest, and taxes to reduce your debt
- Setting up a payment plan for any money owed to the IRS
- Advocating for you in “responsible person” situations
- Removing levies and liens from your assets
If you worked for a company that did not file their payroll tax returns or pay their payroll taxes on time, the IRS may have designated you as a “responsible person.” Do NOT ignore this correspondence!
The IRS aggressively goes after anyone they can when it comes to payroll taxes, even if you’re not the owner of the business. If you have a relationship with the business that is of a particular status, duty, and authority, the IRS can blame you for not paying payroll taxes. And in this case, you are guilty before proven innocent.
It’s best to contact a tax representation professional who can argue your case and get your “responsible person” status dropped.
Solutions for all Your Payroll Tax Challenges
Contact us for a no-obligation consultation to discuss your specific payroll tax situation. We'll provide expert advice on the best options available to you, handling your tax issues with the most confidentiality and privacy.
Serving clients across Dumfries, Woodbridge, Prince William County, Manassas, Fairfax County, Northern Virginia, Greater Washington, and the surrounding areas.