Failing to pay payroll taxes is considered a serious offense by the IRS, as it involves withholding employees' money. Penalties for non-payment and late filing can escalate quickly, leading to severe consequences such as asset seizure and business closure. If you are facing payroll tax issues, it's essential to seek professional representation to navigate the IRS process effectively.
Free ConsultationAs a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.
If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a professional representative who knows how the IRS operates.
Are you a hands-on business owner that needs a professional to double-check their books? Do you need someone to handle your company's accounting tasks entirely? Our accounting firm can provide you with as much or as little assistance as you need. We're more than happy to provide insight and answer questions respectfully and thoughtfully.
View ServicesB&G Tax Solutions offers comprehensive business services, providing expert tax solutions, financial advisory, and accounting support to help businesses thrive, minimize tax burdens, and maximize their bottom line.
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B&G Tax Solutions provides reliable and comprehensive tax services, catering to the needs of businesses and individuals, ensuring compliance with tax regulations, maximizing deductions, and optimizing tax strategies to achieve financial goals.
B&G Tax Solutions offers expert QuickBooks services, assisting businesses with seamless setup, optimization, and ongoing support, enabling them to efficiently manage their finances and streamline their accounting processes.
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