Owe IRS Business Taxes + Settle Tax Business Debt + Back Tax Returns + Individual, Business, Corporate + Las Olas, Hillsboro Beach, Sea Ranch Lakes, Lighthouse Point + Broward County

May 12, 2019
Written by: Fresh Start Tax
Fresh Start Tax

We are the Affordable local professional tax firm, since 1982. If you owe individual, business tax debt, call us for a free tax consultation.

 

We have over 65 years of direct IRS work experience in the local, district, and regional tax offices of the Internal Revenue Service.

We have worked as IRS managers, IRS supervisors and IRS teaching instructors .

 

Back Business Tax Debt & Tax Returns & Tax Filings

Any time you owe back business tax debt the IRS will conduct a full compliance check. A full compliance check means that IRS will pull your working individual history and your business history to see what taxes are owed and what tax returns remain Unfiled.

The Internal Revenue Service will work both cases at the same time.

Back Payroll taxes are a concern for Internal Revenue Service because e taxes are actually trust fund taxes, that is, a company holds taxes for the benefit of the government.

When  taxes are not paid a red flag is raised and IRS makes every possible effort to collect e payroll taxes and go after the responsible individuals whose job it was to collect and turn over  back taxes.

IRS we use every avenue of enforced collections to do so. I should know, I am a former revenue officer who used to work e cases and I know the very best tax defense.

We can go ahead and file all your Unfiled payroll tax returns and settle your debt all at the same time.

It is critical that you understand that you do not want IRS the filing your tax delinquent tax returns for you. 6020b will become a problem!

Under 6020 B of the Internal Revenue Code, the IRS has the right to prepare your back payroll tax returns if you do not voluntarily file them. this will be nothing but trouble for you.

IRS can set up a personal assessment against you and collect the tax as though you owe individual income taxes. Yes you can be held personally responsible for the back payroll taxes. You can be subject to tax levies and tax liens.

Personal Responsibility for Payroll Taxes, BEWARE.

If the IRS has found you a responsible person for the trust fund penalty, call us today for free initial tax consultation and we will walk you through the process of resolving this tax at once and for all.

As former IRS agents we set up trust fund penalties against responsible persons for corporate or businesses that owed back payroll taxes.

If a company can no longer pay their back payroll taxes, the Internal Revenue Service has the right under 6672 to set up the trust fund debt against those who are held responsible. This is called the trust fund penalty.

 

Who Can Be Responsible for the Trust Fund Taxes, code section 6672. Can it Be You?

IRS will take a look at anybody that had any control of the business.

An officer or an employee of a corporation;
A member or employee of a partnership;
A corporate director or shareholder or member;
A member of a board of trustees of a nonprofit organization, or anyone deemed to be responsible;
Other persons with authority and who had control over funds to direct their disbursement;
Those who consultation and with full knowledge chose not to pay the payroll tax liability.

There Is Not Any One Factor That Lead to Responsibility. IRS Looks at the Overall Responsibility.

You’ll know if you are one of e persons because you will receive IRS form 2751 & 1153 indicating a proposed notice of assessment against you.

There are various examinations available.

As soon as we review your case we can instantly tell you ways to help resolve your problem.

Being former IRS agents and managers we know every possible solution to remedy this tax debt. We can resolve and possibly reduce your tax obligation.

There are various examinations you have for delinquent tax relief:

The basic examinations include:

1. trust fund appeals, the possibility of an offer in compromise, doubt to liability,

2.hardships, or currently not collectible,

3. payments plan, and

4. the offer in compromise, if you are a qualified and suitable candidate.

5. bankruptcy is another option.

The Process of Getting IRS Tax Debt Relief on Trust Fund Tax Debt, 6672 penalty

We need to look to find out if you were truly responsible under 6672 of the IRS code. many time IRS ram rods e penalties to people who truly were not responsible for trust fund taxes.

I’ve work so many cases and being a former IRS agent IRS just tries to set e penalties up against everybody and many people do not have proper representation to fight IRS.

We will carefully review your case to find out if you were truly responsible for the trust fund penalty.

We will conduct a review to find out if there is any way that we can appeal for change the assessment of this trust fund tax.

If we feel we would’ve beat this assessment through the appellate process we can go ahead and file an offer in compromise as to doubt as to liability and appeal this assessment.

If you are responsible for the tax, IRS will take a current financial statement and make a determination based on the collectivity of the tax.

How the Internal Revenue Service will work your case if you owe back payroll IRS tax debt.

IRS will require a 433A or 433F, an individual financial statement.

Many times the IRS uses 433F, depending were the cases in the system. Cases worked in the ACS system uses shorter version of the financial statement.

If the case is worked in the local office the revenue officer will use form 433.A

That financial statement will need to be fully documented along with bank statements, copies of checks and monthly expenses.

We will walk you through the process of how the IRS will work your case in the collection action that can possibly taken.

Will also review with you the IRS national standards program on all cases for those who owe back taxes.

Once IRS reviews your current financial statement they will make a determination and generally put you in one of two categories with the option of filing an offer in compromise.

IRS will generally close your case by:

1.IRS determines on 40% of the cases that taxpayers are put into hardship which means they can’t pay the tax at this time. Sometimes it is called currently not collectible. Cases that are issue at currently not collectible or hardship stay in there for a period of 2 to 3 years and come back out to the field at a later time.

2. 6.5 million people enter monthly payment plans and pay a certain amount based on their current documented financial statement.

Other taxpayers file an offer in compromise to settle their case for pennies on the dollar. The offer in compromise requires a lot of skill and expertise to have accepted by the Internal Revenue Service.

Call us today for free initial tax consultation. Hear the truth!

We are a full-service firm with a specialty in expertise in all IRS matters.

We have over 200 years professional tax experience and can fully resolve any IRS problem especially if you owe business tax debt and wish to settle with the Internal Revenue Service.

We can prepare all back tax filings and resolve your individual, business, or corporate tax problem.

We are the IRS tax Experts. 1-866-700-1040

Owe IRS Business Taxes + Settle Tax Business Debt + Back Tax Returns + Individual, Business, Corporate + Las Olas, Hillsboro Beach, Sea Ranch Lakes, Lighthouse Point + Broward County

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