Payroll Tax Resolution Solutions
Payroll taxes are comprised of taxes an employer is required to pay and can be based on taxes withheld from an employee’s pay or taxes based on amounts paid to an employee. In addition, regardless of whether you have employees, a business can always expect to owe some sort of payroll tax on income received from the business. If you have payroll tax problems, the IRS is very aggressive in collecting the tax debt and quickly assigns a revenue officer. The IRS can seek collection not only from your business, but also from owners and officers, and can garnish your business accounts and file tax liens against your assets.
To avoid collection action and a possible payroll tax penalty for payroll tax debt, a tax relief lawyer will assess your financial situation and devise a plan to find the best tax solution for you by either settling your debt through the IRS Offer in Compromise Program or by negotiating an affordable payment plan. It is crucial that you consult with an experienced tax attorney to avoid being personally liable for payroll tax debt.
Please contact Carolina Tax Resolutions for a FREE consultation for tax resolution by completing our online form or calling us at 919-916-1000. Carolina Tax Resolutions is located at 3710 University Drive Drive, Suite 110, Durham, North Carolina 27707.