Payroll taxes aren't simply another business expense.

When employment taxes aren't properly withheld, reported, deposited, or paid, the consequences can become serious for both the business and potentially responsible individuals.

ProTax Advantage helps business owners understand their payroll tax liabilities and IRS resolution options.

Businesses may encounter issues involving:

• Unpaid payroll taxes 
• Trust fund taxes 
• Late deposits 
• Unfiled employment tax returns 
• Payroll tax penalties 
• IRS notices 
• Revenue Officer involvement 
• Trust Fund Recovery Penalty concerns 
• Business tax debt 
• Collection actions 

Payroll tax liabilities can be particularly serious because certain employment taxes involve amounts withheld from employees.

Failure to address payroll tax issues can potentially lead to aggressive collection activity.

For business owners, the problem can also affect the company's ability to operate normally.

We examine available tax records, notices, employment tax filings, and IRS account information.

We identify the nature of the liability and evaluate potential resolution strategies.

When authorized, we communicate with the IRS and assist with the resolution process.

We work toward an appropriate resolution while helping you understand your ongoing compliance responsibilities.

The Trust Fund Recovery Penalty (TFRP) is one of the most serious payroll tax issues an individual may encounter.

Under applicable federal tax law, certain responsible persons may potentially be held personally liable for specific unpaid trust fund taxes.

Because these cases can be complex, professional guidance may be valuable.

Potential resolution options depend on the circumstances, including the amount owed, filing status, financial condition, and IRS collection status.

In certain circumstances, federal law allows the IRS to assess the Trust Fund Recovery Penalty against responsible individuals.

No. Revenue Officer cases can involve significant collection consequences. Getting informed and responding appropriately is important.

Don't let payroll tax problems continue to grow in the background.

Contact Tammy Graham, MSA, EA,  to discuss your situation and potential IRS resolution options.