Payroll Tax Debt Relief

Payroll Tax Debt Relief

Are you a business owner or a self-employed individual? If you have employees under your supervision, you are required to submit payroll taxes to the IRS and the state on their behalf. The taxes are usually submitted along with your (the employer’s) portion of the taxes.

If you do not submit pay payroll taxes, i.e. 940/941, you will be considered as a thief by the IRS, which meant you stole from your employees. To prevent our valued clients from facing business seizure or even closure, Tax Defense Partners provides payroll tax debt relief solutions.

Understanding Payroll Tax Debt Relief

Payroll taxes are a type of tax imposed on employers. The amount that needs to be paid comes from a percentage of the salaries. There are two types of payroll taxes: one is being paid by the employer based on the employee’s wages and the other is directly deducted from an employee’s wages.

Debt accumulation occurs when the payroll taxes are not paid. Even if one is forced to close his or her business, the party is still liable for their outstanding taxes. In this case, the affected party should seek professional assistance to determine the best course of action to resolve the tax debt problem – payroll tax debt relief.

Payroll Tax Debt Relief

Payroll Tax Debt Relief Experts

Here’s a quick look at what our talented payroll tax defense team can do for you:

  • Negotiating a settlement on your behalf to stem the threat of further asset seizure
  • Achieve reduction in penalties and interest
  • Minimize economic damage by specifying how payments are applied
  • Maximize payroll taxpayers’ enforceable rights

Understanding the Dangers of Payroll Tax Delays

You should remember that the IRS is extremely aggressive about collecting payroll taxes on time. If you owe them for a prolonged period, they will come after your assets very quickly. They will not hesitate to go after the individual employers by piercing the corporate veil. In worst cases, you might be looking at criminal prosecution.

If you fail to make the necessary payroll tax deposits on time, interest and stiff penalties can accrue immediately. Now, you wouldn’t want your business to fold prematurely because of this reason. You are better off getting Tax Defense Partners’ payroll tax debt relief experts to intervene immediately, especially when your economic life and business are at stake.

Payroll Tax Debt Relief

Choose Tax Defense Partners For Payroll Tax Debt Relief Services

At Tax Defense Partners, we are a trusted tax debt resolution company that specializes in payroll tax debt relief. Since our inception, we have served small businesses, partnerships, LLCs, corporations, and individual taxpayers. We know how to negotiate and mediate with the IRS to settle a positive outcome. That has allowed us to help and save a variety of businesses monthly. When you work with us, you can rest assured that your payroll tax payments will become much more manageable than before.

Tax Defense Partners is just a phone call away.
Contact us now to find the best possible way to pay off those payroll tax debts!