Owe Back Payroll Tax Returns Problems + File & Settle 941 Payroll Tax Debt + IRS Trust Fund Tax Experts + Doral, Key Biscayne, Coral Gables, Bal Harbour + Dade County

May 14, 2018
Written by: Fresh Start Tax

 

Fresh Start Tax

 

File and settle Payroll Taxes with IRS, Affordable Former Agents who Know the system, Since 1982. Use Former IRS Agents who know the system!

 

We have over 95 years of working directly for the Internal Revenue Service in the local, district, and regional tax offices of the Internal Revenue Service.

Back Payroll Tax Returns Problems + File & settle 941 Payroll Tax Debt + IRS Trust Fund Tax Experts

AFFORDABLE, Since 1982. A plus Rated.

Need to File Back Payroll Taxes and settle With IRS 1-866-700-1040

Before the Internal Revenue Service will consider a settlement all 941 payroll taxes must be filed. We can prepare your tax returns with or without records.

We can prepare them based on tax reconstruction. so the first step is making sure all tax returns are filed and then mover onto the second step which is dealing with the tax assessment.

I am a former IRS Agent and teaching instructors of the Offer Program when formerly employed at the IRS. We know the system.

We know all the systems, settlement formulas and all the methodology to get you Affordable IRS tax debt relief including trust fund debt problem.

Hear the truth from Former IRS Agents who have worked thousands of cases.

Being a former IRS agent and teaching instructors you should understand that the Internal Revenue Service is tougher on payroll taxes that any other taxes. The reason for this is very simple, this tax is money held in trust in not an actual tax.

It is one of few taxes that the Internal Revenue Service not only go after the company/business/corporation, it can in addition can go after the responsible persons or individuals. And can can be several persons responsible.

After the IRS creates individual tax assessment for those responsible it often time results in the filing of federal tax liens, bank and wage levy garnishments.

This is a tax that you should not fool around with because it is number one on the IRS to hit list.

The Internal Revenue Service will individually engage those responsible under section 6672 of the Internal Revenue Code

Let Former IRS agents and managers get you immediate tax relief via a payroll tax settlement .

Offer in Compromise/Settlements + Make sure you are eligible

Before IRS will consider your offer, you must be current with all filing and payment requirements. You are not eligible if you are in an open bankruptcy proceeding.

Use the Offer in Compromise Pre-Qualifier to confirm your eligibility and prepare a preliminary proposal.

Submit your offer in compromise

Your completed offer package will include:

• Form 433-A (OIC) (individuals) or 433-B (OIC) (businesses) and all required documentation as specified on the forms;

• Form 656(s) – individual and business tax debt (Corporation/ LLC/ Partnership) must be submitted on separate Form 656;

• $186 application fee (non-refundable); and

• Initial payment (non-refundable) for each Form 656.

Select a payment option

Your initial payment will vary based on your offer and the payment option you choose:

• Lump Sum Cash:

Submit an initial payment of 20 percent of the total offer amount with your application.

Wait for written acceptance, then pay the remaining balance of the offer in five or fewer payments.

• Periodic Payment:

Submit your initial payment with your application. Continue to pay the remaining balance in monthly installments while the IRS considers your offer.

If accepted, continue to pay monthly until it is paid in full.

If you meet the Low Income Certification guidelines, you do not have to send the application fee or the initial payment and you will not need to make monthly installments during the evaluation of your offer.

We should be able to make sure we can reach a reasonable settlement on your payroll tax liability and you can continue to operate your business without fear and worry from the Internal Revenue Service.

With over 95 years of direct working experience at the Internal Revenue Service we know every possible tax solution that can get you immediate and permanent tax relief for a payroll tax settlement .

IRS does not want to seize your business for back taxes due on payroll taxes, however 941 payroll taxes are a big concern for the IRS.

The Process of receiving a Payroll Tax Settlement

The Internal Revenue Service will want to fully review your company or corporation before you can obtain in IRS payroll tax settlement . You will need to provide IRS with the current financial statement along with proof that all payroll tax deposits and 941 tax forms have been filed.

Many times IRS will want a personal or individual financial statement for more responsible persons. For most company’s of the IRS payroll tax settlement may come in three forms.

Review your current financial statement Internal Revenue Service may determine that you are a hardship candidate, monthly payment agreement candidate or an offer in compromise candidate and IRS payroll settlement .

Why have Fresh Start Tax contact the IRS:

You never have to talk with the Internal Revenue Service on e tax matters;
Fresh Start Tax knows what the IRS is looking for;
Fresh Start Tax knows the exact packaging required;
Fresh Start Tax knows the next steps the IRS will take;
You know your case will be handled and resolved as fast as possible.

Other Instructors To Consider:

IRS has the right to sell your complete inventory at public auction;
IRS can seize all your accounts receivables;
IRS can hold you personally responsible for this tax;
IRS has the right to lock the doors of your business.

Steps to take to work out an Affordable payment plan with the Internal Revenue Service:

Immediately stay current on all payroll tax deposits to show the IRS good faith;
Be prepared to give the IRS a current financial statement;
Make sure your personal tax liabilities are filed and paid;
Have all documentation on the financial statement prepared for the IRS.

Important

If you do not pay your Payroll Taxes IRS can collect them from you individually

To encourage prompt payment of withheld income and employment taxes, including social security taxes, railroad retirement taxes, or collected excise taxes, Congress passed a law that provides for the TFRP.( trust fund recovery penalty )

These payroll taxes are called trust fund taxes because you actually hold the employee’s money in trust until you make a federal tax deposit in that amount.

The TFRP may apply to you if e unpaid trust fund taxes cannot be immediately collected from the business.

The business does not have to have stopped operating in order for the TFRP to be assessed

Who Can Be Responsible for the TFRP

The TFRP may be assessed against any person who:

Is responsible for collecting or paying withheld income and employment taxes, or for paying collected excise taxes, and

Willfully fails to collect or pay them.

A responsible person is a person or group of people who has the duty to perform and the power to direct the collecting, accounting, and paying of trust fund taxes. This person may be:

An officer or an employee of a corporation,

A member or employee of a partnership,

A corporate director or shareholder,

A member of a board of trustees of a nonprofit organization,

Another person with authority and control over funds to direct their disbursement,

Another corporation or third-party payer,

Payroll Service Providers (PSP) ore responsible parties within a PSP

professional Employer Organizations (PEO) or responsible parties within a PEO, or

Responsible parties within the common law employer (client of PSP/PEO).

For Consultations to exist, the responsible person:

Must have been, or should have been, aware of the outstand ing taxes and either intentionally disregarded the law or was plainly indifferent to its requirements (no evil intent or bad motive is required).

Using available funds to pay other creditors when the business is unable to pay the employment taxes is an indication of willfulness. You will be asked to complete an interview in order to determine the full scope of your duties and responsibilities.

Responsibility is based on whether an individual exercised independent judgment with respect to the financial affairs of the business.

An employee is not a responsible person if the employee’s function was solely to pay the bills as directed by a superior, rather that to determine which creditors would or would not be paid.

Figuring the Trust Fund Amount

The amount of the penalty is equal to the unpaid balance of the trust fund tax. The penalty is computed based on:

The unpaid income taxes withheld, plus

The employee’s portion of the withheld FICA taxes. For collected taxes, the penalty is based on the unpaid amount of collected excise taxes.

Assessing the TFRP. If the IRS determines that you are a responsible person, we will provide you a letter stating that we plan to assess the TFRP against you. You have 60 days (75 days if this letter is addressed to you outside the United States) from the date of this letter to appeal our proposal.

The letter will explain your appeal rights. Refer to Publication 5, Your Appeal Rights and How to Prepare a Protest if You Don’t Agree (PDF), for a clear outline of the appeals process. If you do not respond to our letter, we will assess the penalty against you and send you a Notice and Demand for Payment.

Once we assert the penalty, the IRS can take collection action against your personal assets. For instance, we can file a federal tax lien or take levy or seizure action.

Call us today for free initial tax consultation. We can file all back 941 taxes and work out a tax settlement all at the same time, since 1982 A+ rated by the Better Business Bureau.

 

 

Owe Back Payroll Tax Returns Problems + File & settle 941 Payroll Tax Debt + IRS Trust Fund Tax Experts   954-492-0088

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