Unpaid payroll taxes are a serious matter to the IRS and are some of the worst kind of back taxes you can owe. If you\u2019re a small business owner with a payroll tax problem, read on to learn what you can do to avoid the IRS crippling your business or worse, shut your business down completely.<\/p>\n
Already in payroll tax trouble? Contact us to schedule a free, no-obligation consultation and let\u2019s get your payroll tax issue resolved. https:\/\/www.jjtaxgroup.com\/contact.htm.<\/p>\n
Why Small Business Owners Get into Payroll Tax Trouble In The First Place
\nIt\u2019s hard being a small business owner today, trying to pay your employees their paychecks every week, and pay the IRS all those payroll taxes!<\/p>\n
A lot of times when money is short, you pay the employees first. It\u2019s a natural thing to do\u2014you need to take care of your employees, even if you have to skip paying yourself! Besides, if you don\u2019t pay them, they\u2019ll quit and you will have to hire new people all the time.<\/p>\n
It can seem easy to \u201cjust pay the 941 taxes next pay period\u201d and give yourself a little cash flow cushion, but skipping paying your employees payroll tax deposits is never a good idea.<\/p>\n
What happens too often is 1 pay period turns into 2, and 3, and 4, and eventually you\u2019re so deep in payroll tax debt that the only thing you want to do is completely ignore your problem.<\/p>\n
Except the IRS doesn\u2019t care about your financial problems. They just want you to pay your payroll taxes!<\/p>\n
The IRS doesn\u2019t care if you can\u2019t pay your employees. They don\u2019t care if they put your employees out on the street. They don\u2019t care if you can\u2019t collect your receivables. They don\u2019t care if one of your largest and best customers just went \u201cbelly-up\u201d. All they care about is you have money that belongs to them and they will do whatever they have to, even put you out of business, to collect it. They don\u2019t care who you are, or even what business you are in.<\/p>\n
Penalties are The Kiss of Death When It Comes To Back Payroll Taxes<\/p>\n
Penalties for failing to file and pay your payroll taxes are the \u201ckiss of death\u201d for any small business owner. They tack on penalties totaling 33% in just the first 16 days! And it doesn\u2019t stop there. The IRS adds interest on top of the penalties too. It is not uncommon that a payroll tax liability doubles in short order. And if you don\u2019t pay them or work something out, they will shut you down! It\u2019s much less work for the Revenue Officer, as most are lazy, to simply close you down than work out an arrangement with you.<\/p>\n
They IRS Will Collect Or They Will Shut You Down<\/p>\n
It\u2019s as simple as that. The IRS is the most brutal collection agency on the planet. They have more authority than the President of the United States! And they have all the ways and means to do whatever it takes to collect what\u2019s owed to them. You didn\u2019t wake up in the morning, go to work, and say to yourself, I\u2019m not paying my payroll taxes because you didn\u2019t want to. The money simply wasn\u2019t there. It\u2019s not your fault. One week you\u2019re short of cash. It was a slow week, a customer\u2019s check bounced, or any number of legitimate reasons that just prevent you from paying the IRS. You\u2019re a good person. You figure you will make it up the next week. But then next week comes and goes, and you realize you still don\u2019t have enough money to make that payroll tax deposit. And then the entire situation starts \u201csnow-balling\u201d into an avalanche.<\/p>\n
Should You Call The IRS To Get Your Payroll Issue Fixed?<\/p>\n
If you were to call the IRS and were able to get through after waiting on \u201chold\u201d for an hour or two, and try to explain your situation\u2014you might as well have a conversation with the wall\u2014because they don\u2019t care. The IRS representative that you\u2019re talking to probably makes less than $20 an hour, and is poorly trained. Do you think they ever had to make a payroll in their life? Do you think they know what it\u2019s like running a small business? Do you really think they will have any sympathy for you?<\/p>\n
Not only is the answer \u201cNO\u201d but they can also dictate the fate of your case. What they will try to get, while you\u2019re on the phone, is all your personal and financial information. They want to know where you bank; they\u2019ll want to know all about your customers who owe you money, they\u2019ll want to know about the value of all your assets, like your home, cars, motorcycles, etc. Why? Because now they have all the information, they need to levy your bank accounts, take your receivables and seize your property.<\/p>\n
Now that you know you shouldn\u2019t be talking to the IRS because they are not going to help you, you might be wondering what you should do? Where should you turn for help? They smartest thing you can do to protect your business and family is to have someone represent you\u2014someone who deals with the IRS for a living. You need to get help\u2014but not just from anyone\u2014you need help from someone who is an experienced competent professional, and deals with the IRS every day, helping small business owners keep their businesses and settle IRS payroll tax problems.<\/p>\n
If you were charged with a serious misdemeanor or felony, would you go to court without a lawyer? You don\u2019t want to represent yourself before the IRS either. You need professional, expert representation.<\/p>\n
Reach out to our firm and we\u2019ll schedule a no-obligation confidential consultation to explain your options to permanently resolve your tax problem https:\/\/www.jjtaxgroup.com\/contact.htm Your expert tax resolution professionals know how to navigate the IRS maze.<\/p>\n
Once you decide to retain us, we step into your shoes and protect you from the IRS\u2019s abusive tactics. We take over all communications from the IRS on your behalf. You don\u2019t have to speak with the IRS anymore. We do. Not only that\u2014they are not allowed to talk to you once you\u2019ve signed our Power of Attorney! Once they realize you have someone on your side protecting you, who knows their tricks as well as they do, they have to step back and follow the law. Not only can we protect you from the IRS harassing you, calling you, and showing up at your front door, we can get those penalties reduced and, in some cases, completely removed!<\/p>\n
Contact us now and let\u2019s get your payroll tax issue resolved! https:\/\/www.jjtaxgroup.com\/contact.htm<\/p>\n","protected":false},"excerpt":{"rendered":"
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