Payroll Tax Resolution
Payroll taxes include 940 and 941 taxes which are federal income taxes withheld from employee’s wages and the FICA (Social Security and Medicare) taxes. FICA includes both the employee and employer contribution. The IRS will also assess the Trust Fund Recovery Penalty against anyone responsible for collecting, accounting and/or paying payroll taxes and willfully fails to collect or pay them. The Trust Fund Recovery Penalty is 100% of the amount withheld of the employee’s portion of federal income tax and FICA portion.
The IRS is very aggressive in collecting payroll taxes that have not been filed and/or paid. Most payroll tax cases are assigned to individual revenue officers. A revenue officer has the authority to seize asset and even shut the business down if they deem it necessary. Because of the steep penalties and interest, payroll taxes can mount up quickly.The IRS has also recently stepped up its efforts to bring criminal charges against individuals that continue to incur payroll tax liabilities while operating the business.
We offer competent and professional representation. For over 15 years CKTax has successfully represented thousands of businesses and individuals with payroll tax issues. We will aggressively negotiate on your behalf while you continue to operate your company or business.
Get Started Now!
If you owe back taxes that you can't pay, request your FREE, No Pressure, Consultation by filling out our FREE Consultation Form or calling our offices at 1-888-894-2005.If you have a tax resolution related question, feel free to ask us using our Ask A Question page.
Experience You Can Trust Since 1995!
CKTax takes customer satisfaction seriously. With nearly two decades of results and an "A+" RATING with the Better Business Bureau, we aim not only to meet your expectations, but to exceed them. We are commited to excellence in Tax Relief as well as being a company that gives personal attention to each and every client. It has been an honor to serve our clients and we look forword to serving you. Read "10 Reasons To Choose CKTax"
