Payroll tax problems are among the most serious tax issues a business can face. The IRS considers unpaid payroll taxes a high priority because these are "trust fund" taxes — money held in trust for employees.
Our payroll tax resolution services include responding to IRS trust fund recovery penalty assessments, negotiating payment arrangements for unpaid payroll taxes, defending against personal liability for business payroll taxes, setting up compliant payroll tax procedures going forward, and representing you during IRS collection actions.
The IRS can — and does — hold business owners, officers, and even bookkeepers personally liable for unpaid payroll taxes through the Trust Fund Recovery Penalty (TFRP). We help you understand your exposure and develop a resolution strategy.
If your business has fallen behind on payroll taxes, acting quickly is critical. Contact us for a confidential assessment of your situation.