Bank Levy Release

Stop Wage Garnishments

California FTB Tax Resolution

Trust Fund Recovery Penatlies

The failure rate of small businesses in America is very high.  Statistics suggest that up to 90% of all small businesses fail within the first 5 years.  When a business fails, it is very likely that the business owes back payroll taxes to the IRS.  It has been said that payroll taxes are the easiest loan to get and the hardest to pay back.  The withholding taxes paid by the employees and held by the business owner are held in trust.  Meaning, the business owner is holding that money on behalf of the employees.  When the owner doesn’t pay that money he has decided to “borrow” it from the Internal Revenue Service without applying for a loan.  The IRS considers this a very serious offense… they will sometimes even consider this a theft or IRS dollars.

You can be assured that the IRS will pursue collection of payroll taxes much more aggressively than any other type of tax owed to the IRS.  Often they will levy bank accounts, seize property and sometimes pursue criminal action.  The business owner will also be held personally liable for any past due payroll taxes.  Even if the business is a corporation the IRS has the ability to pierce the corporate veil and hold the owner personally liable.

So what can you do?

If your business owes back payroll taxes, you must develop a strategy quickly.  Dealing with and resolving these payroll taxes problems should be your top priority.  Delaying any of these decisions will only make matters worse as penalties and interest add up quickly.

Patriot Tax Professionals specializes in helping small businesses resolve payroll tax issues with the IRS.  Through the “Freedom of Information Act” you licensed tax professional will obtain all of your tax records, including income tax and payroll tax.  The first step is to get your business into compliance by filing all missing returns.  Once all returns have been filed we will determine the total amount owed for all taxes.  At that point we can discuss resolution options including protecting you from any personal liability.  Call Patriot Tax Professionals and speak to a licensed tax professional today!

Your tax resolution case will be handled by trained professionals 100% of the time because every employee at Patriot Tax Professionals is licensed and admitted to practice before the IRS.  Our employees have a formal education in taxes and have passed all required examinations to practice before the IRS?  What other tax resolution firm can make that claim?  You will never speak to a “salesman” that really doesn’t know anything about tax resolution or the inner-workings of the IRS  and will tell you anything you want to hear just to get your business.  You will never have this problem at Patriot Tax Professionals.  You will have the assurance of knowing that every single person that handles your case is licensed with years of professional tax experience working on tax cases similar to yours.  Now who would you rather have work on your case, a licensed professional or a slick talking salesperson?