The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees' withholdings. Not paying your company's payroll taxes is tantamount to stealing your employees' money in the eyes of the IRS.
As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.
If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.
If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a professional representative who knows how the IRS operates.
ACTUAL AGREEMENTS
|
Department of Treasure Internal Revenue Service
|
Release of Levy
|
|
(David & Nancy) |
<-----I can do this for you too!
|
|
Under the provisions of Internal Revenue Code section 6343, all wages, salary and other income now owed to or becoming payable to the taxpayer(s) names above are released from the levy. |
|
Installment Agreement
|
|
(Ian) |
<----------------Well within his budget!
|
|
We've accepted your offer for an Installment Agreement. The agreement covers the tax period(s) shown above. Please make your first payment of $50.00. |
|
Offer in Compromise
|
|
(James) |
<---------Put your name right here!
|
|
We have accepted your offer in compromise signed and dated by you on (DATE). The date of acceptance is the date of this letter. |
|
Decreased Lien
|
|
(Robert) |
<--------Saved him over $200,000!
|
|
...updated the amount of the Notice of Federal Tax Lien, from $215,881.92 to the decreased amount...of $11,491.93. |
|
Pay When Able
|
|
(Martin) |
<------------If you're retired on SS,
you probably won't ever pay!
|
|
We have noted your account that you're currently unable to pay your total balance or to make installment payments. You may make payments as you are able. |
|
Innocent Spouse
|
|
(Martin) |
<---------------Innocent spouse, over
$25,000 taxes forgiven!
|
|
You are also entitled to equitable relief of liability under Section 6015(f) of the Internal Revenue Code of the tax that was not paid with the filed tax return(s). |
|
Reach out for your help with IRS problem here.
|
|
|
"You know, i have to tell you; I expected a strong pitch as a reply and am extremely, yet happily, surprised. To not get the hard sell during a "taxing" time in my life is refreshing and the means of which you will receive many referrals from me in the future. Thank you."
|
|
