Our Firm Specializes in:

-Tax Audits (individual & business)
-Tax Liens & Levies
-Business Tax Services
-Taxes in Divorce & Bankruptcy
-Prior Years Non-Filed Returns
-Offers in Compromise
-Penalty Abatements
-Payroll Tax Problems
-Appeals
-State Tax Problems
-Employee Vs. Contractors Issues
-Monthly Tax Payment Plans
-Inheritance & Estate Taxes

 

PAYROLL TAX PROBLEMS

Are you behind on filing quarterly payroll tax reports or delinquent on your payment of payroll taxes?

As a business owner or self-employed individual, you are required by the IRS to withhold payroll taxes and forward them along with the employer’s portion to the IRS within a specified timeframe. Payroll Taxes are the Social Security and Medicare Taxes (also called FICA) as well as Income Taxes you withhold from your employees’ paychecks.

The IRS is extremely aggressive in collecting payroll taxes and can put your business in jeopardy if you do not stay current with the reports and payments.

If you are behind with the reports and payments, the IRS can and will

• Levy your bank account
• Issue tax liens against your business
• Close down your business
• Sell and/or auction your assets
• Assess heavy penalties, which can be as high as the original amount owed.

Do not risk putting your business in peril simply because you might be late in filing the quarterly reports and pay the payroll taxes. Allow the Tax Professionals at Donald Graf & Associates to do your regular filing for you so you can spend your valuable time on growing and expanding your business.

Our Consultants will work with you to understand and follow the payroll tax obligations and stay in compliance with your taxes.

Schedule a free consultation appointment today.

 

 

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