Unfiled Payroll Tax Returns
Whether you hire a third-party payroll company or manage payroll in-house, being delinquent on filing your payroll tax returns can cause your business a ton of problems with the IRS. If you do not file your payroll tax returns, i.e. Forms 940, 941, 943, etc., you may be positioning your business for involuntary closure.
When tax returns go unfiled, the IRS can file them on your behalf and enforce collection on the balance due, even if the balance isn’t accurate. If your returns continue to go unfiled, the IRS can move further with assessing penalties that make you personally liable for your company’s payroll tax delinquencies, which will only cause more stress.
We believe in the power of pro-activity. If your company’s payroll taxes are past due, we will gather the necessary information from you to complete any past due returns. Once we determine an accurate balance due, we will work towards establishing an affordable repayment plan.
Working with corporations, non-profits and small businesses facing payroll tax problems is nothing new for us. We have been successful in getting our clients into full compliance with the IRS and securing affordable payment plans that made it possible for everyone to sleep better at night.