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TRS is the only national tax resolution firm comprised of experienced tax attorneys, CPAs, and tax relief professionals practicing as Tax Resolution Specialists certified by the American Society of Tax Problem Solvers (ASTPS). This is what makes us uniquely qualified to successfully solve IRS problems day in and day out. Our licensed professionals (every tax attorney, CPA and enrolled agent) must meet educational, experience and examination requirements prescribed by the ASTPS, a national, not-for-profit professional organization. The ASTPS certification applies only to tax relief professionals who are a CPA, tax attorney, or enrolled agent in good standing with the respective state that licenses/regulates him/her.

If you owe back taxes or are plagued by other IRS tax problems, we encourage you to get professional tax help from our team of tax attorneys, CPAs or tax relief professionals because you need Certified Tax Resolution Specialists in your corner when battling the IRS.

TAX RELIEF SERVICES:

Q: What should a business owner do in regards to delinquent payroll deposits or past due employment taxes?

A: The short answer is, stay current if possible on your employment taxes from this point forward, and seek immediate tax help from a tax attorney, CPA, or Certified Tax Resolution Specialist, because this is deep water. A business owner who fails to file and pay payroll taxes in a timely manner faces some of the toughest enforcement action the IRS can bring to bear.

The penalties are sizable and mount up quickly, but, more than that, unpaid payroll taxes can be considered a federal crime. Payroll taxes are a trust tax, which means that it is the employer's obligation to collect federal withholding and the employee's FICA to pass on to the IRS. Nonpayment of payroll taxes is seen as theft, which accelerates the IRS notice process.

Resolving payroll-tax problems as swiftly as possible is essential to keeping the business open, because the IRS will shut a business down immediately rather than let a business owner fall further behind in payroll taxes due. In determining its course of action, the IRS will consider whether the owner is paying the current taxes, the owner's ability to pay the back taxes, the time and trouble it would take the IRS to liquidate the business, and the amount the IRS would get from the liquidation.

On the upside, a business owner has the same rights as individual taxpayers to negotiate an Installment Agreement (IA). A business that has fewer assets than tax liabilities may also qualify for the IRS Offer in Compromise program (OIC), in which case the IRS agrees to discharge the tax obligation for less than the amount owed. OICs for business tax relief are not common, however, because the IRS will assume the business is worth more than the tax debt.

A Certified Tax Resolution Specialist knows how to analyze a business' financials to mount an effective presentation of the real value of the business and negotiate an IA or OIC that can keep the business going.

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Additional Information for Tax Relief:

Settling Back Taxes and IRS Problems
Get expert tax help resolving your tax debt for a fraction of what you owe to permanently settle your back taxes and IRS problems.

Tax Relief Glossary
Tax help glossary with common income tax relief terms to help you settle your IRS debt and permanently achieve your tax resolution.

IRS Tax Help Articles
Helpful articles for resolving IRS debt with IRS tax relief options like offer in compromise, IRS payment plans, and IRS audit resolution.

Tax Resolution University Blog
Expert tax relief resource to help you permanently resolve all back taxes and IRS problems.