My experience as an attorney for the past 16 years has taught me that every client loves quick, easy solutions. When it comes to huge business tax liabilities, one might wonder if they can simply close their company and forget about the tax debt forever. This probably sounds like a pipe dream. But is it? …
When a business first falls behind on taxes, whether it be by missing a 941 tax deposit or filing a return with a balance due, not much happens. Compare it to falling into a tranquil part of a river. As you slowly drift down the IRS collections river, you begin to face progressively rougher rapids …
Top 5 Deadliest Mistakes Made By Tax Indebted Businesses Read More »
You spent the past several years toiling away at work and/or dealing with problems in life and, for whatever reason, you not only didn’t get around to paying your federal taxes, but you also didn’t file your tax returns. Maybe you missed one or two years because an employer neglected to send you a W-2 …
What Happens When I or My Business Don’t File Taxes? Read More »
For many reasons, business tax debts tend to be far more dangerous than individual tax debts. This is primarily because the IRS and state taxing authorities use a completely different playbook when it comes to collecting unpaid taxes from businesses than they do when collecting from individuals. With individual tax debts, the government is …
I Have a Business Tax Debt: Can a Business Tax Attorney Help? Read More »
