Payroll Tax Problems

Employment 941 Tax Problems and How an Enrolled Agent Can Help

December 29, 2023 | Mike Habib, EA

Employment taxes can be a complex area for businesses, especially when it comes to Form 941, the Employer’s Quarterly Federal Tax Return. This form is used to report income taxes, social security tax, or Medicare tax withheld from employee’s paychecks, and to pay the employer’s portion of social security or Medicare tax. However, mistakes can happen, and when they do, they can lead to significant tax problems. This is where an enrolled agent can step in to help.

Understanding 941 Tax Problems
Several issues can arise with Form 941. These can include failing to file or pay on time, making errors on the form, or not depositing taxes when due. These mistakes can result in penalties and interest, compounding the amount owed.

We assist in business employment 941/940 payroll tax compliance and representation. Call us today at 1-877-78-TAXES [1-877-788-2937].

Unpaid payroll taxes Help – Los Angeles, CA local representation firm

August 1, 2022 | Mike Habib, EA

According to the most up-to-date US Tax Code, all US-based business employers are required to file employment 941 / 940 Payroll Tax forms with the IRS every quarter and year-end at a prescribed date. These employment reporting forms goes along with all of the necessary payments that are made to the IRS throughout the year. When a Los Angeles, CA business employer runs afoul of the IRS, it is very important to know that it is serious and you should seek out professional help from a representation firm that knows how to handle unpaid payroll taxes help. These tax professionals can be your best friend when it comes to dealing directly with the IRS.

Get employment tax help today 1-877-788-2937.

IRS Tax Representation Help in Connecticut

April 15, 2022 | Mike Habib, EA

If you are an individual or a business taxpayer who is facing tax problems, you can end your nightmare now. Our tax firm assists, helps and represents taxpayers facing tax problems such as unfiled tax returns, unpaid delinquent back taxes, IRS and state audits, payroll 941/940 problems, tax levies, liens, garnishments and other collection issues.

Get tax relief representation and complete resolution today! Call us at 1-877-788-2937.

IRS TFRP Help – Everything You Need to Know About Trust Fund Taxes and Penalties

January 3, 2022 | Mike Habib, EA

As hard to believe as it may be, we are now in yet another year and here’s to hoping that 2022 will be significantly better than the last previous years, but we digress. What we’re here to talk about today is IRS TFRP help, or trust fund recovery penalty help, as it is better known.

With tax season coming up fast, our thoughts will soon be turning to our books and accounts, as we look to get all of our taxes in order so as to appease the wrath of the tax man.

If you’re a small business owner, you will likely already be aware that unpaid employment 941 payroll trust fund taxes can cause monumental headaches. When money is held ‘in trust’ it has to be paid to the Treasury on a weekly, semi-weekly or monthly schedule. This is all well and good, but should a business use these funds for any other purposes, I.E for paying rent or utilities, problems with the IRS could potentially arise.

It doesn’t matter whether this money was “borrowed” in good faith at all, if the money isn’t returned, the IRS can actually slap you with the trust fund recovery penalties portion and hit you with employment 941 payroll business back taxes personally.

Get tax help today by calling us at 1-877-78-TAXES [1-877-788-2937].

Our tax representation firm is in Whittier, Los Angeles, CA but serves taxpayers in all 50 states.

Employment Tax Help – Key Reasons to Hire an Employment Tax Professional

December 17, 2021 | Mike Habib, EA

With tax season now right around the corner, it’s more important than ever to get your accounts and payroll 941/940 tax returns in order, rather than potentially find yourself staring down the wrong end of a substantial penalty from the Internal Revenue Service.

Each year, countless business owners and taxpayers alike seek out employment tax help from tax professionals, EA, CPA, Attorney as understanding how employment tax works can be tricky and complex.

As an employer, it is your responsibility to report and deposit employment taxes. At the end of each financial year, you must prepare and file Form W-2, Wage and Tax Statement in order to report wages, tips, and various other types of financial compensation which have been paid to an employee.

Sounds complex? That’s because it is. It is little wonder then, to learn that employment tax help professionals, CPA, EA, Attorney are so highly sought-after in the business world. If you’ve not yet hired one, you almost certainly will after reading this today.

Get tax help today by calling us at 1-877-78-TAXES [1-877-788-2937].

Our tax representation firm is in Whittier, Los Angeles, CA but serves taxpayers in all 50 states.

Payroll Tax Resolution – How to Resolve Payroll 941/940 Tax Problems

August 10, 2020 | Mike Habib, EA

If you want an easy and stress-free business life, one of the best tips we can give you today is to stay on the IRS’ good side and to not tick them off.

Payroll tax resolution issues are amongst the most common reasons for the IRS pursuing Los Angeles or other cities, business taxpayers, or individuals whom they deem should be responsible taxpayers, which is why it’s important to ensure that you resolve any unpaid payroll 941/940 tax problems sooner, rather than later, should they arise.

It doesn’t matter whether you think you’re above the law, whether you make a mistake, whether you fail to file on time, or anything else for that matter, if you’re needing payroll tax resolution and are on the IRS’ radar they will come for you one way or another and get what they feel they are owed.

If you’re experiencing unpaid payroll 941/940 tax problems and require payroll tax resolution help, the sooner you rectify these issues and seek help, the better.

Call us today for a free case evaluation at 1-87-788-2937.

Payroll problem tax debt relief – get professional representation

November 29, 2019 | Mike Habib, EA

Every business that operates in the United States is responsible for reporting certain types of information to the government. One of the most important things that a business must report is certain tax information for employment payroll on a quarterly and annual basis. They are required by the IRS to report the amount of 941/940 employment payroll taxes that have been either withheld from employees or what they owe to the government. If they fail to do at the prescribed time they will have a payroll tax problem.

Get a free case evaluation 1-877-78-TAXES [1-877-788-2937].

Payroll Tax Problems : Employment 941/940 tax representation

October 1, 2019 | Mike Habib, EA

If you are facing payroll tax problems, then you have a serious issue on your hands. This is especially true for small business owners and entrepreneurs who may not have the knowledge, experience, or skill set to understand how tax issues with their unpaid 940/941payroll and employment got out of hand. Now that the IRS may be involved, you will need to get the right tax firm to represent your interests during this trying time.

Avoid IRS enforcement actions such as tax liens, and bank levies.

Get a free evaluation today 1-877-78-TAXES [1-877-788-2937].

A good starting point is understanding how unpaid payroll tax problems can begin. If you have yet to face issues with employment tax, trust fund 6672, then you can avoid them if you follow the right steps.

Employment payroll Form 941 – EA, CPA, Tax attorney resolution

June 24, 2019 | Mike Habib, EA

Form 941 is a quarterly payroll report filed by employers indicating employees’ wages, tips, withheld tax, medical, taxes, and social security taxes. It is a form of trust fund because the employer is in a fiduciary position to hold fund on employee’s behalf before the government receives it. If an employer fails to do so, it may result to tax liability and accumulation of employment tax debts under form 941 and 940. Consequently, the IRS may decide to get the debt through levies, liens, the sale of assets or getting the business’ trust fund from officers. A person may also end up bearing personal, civil and criminal liability.

Get a free case evaluation by calling us at 877-788-2937 – all 50 states.

Can I be held [Personally Responsible] for my company’s Payroll Taxes?

December 21, 2018 | Mike Habib, EA

As a business owner, officer, controller, or bookkeeper, you will no doubt be well-aware of the various roles and responsibilities you need to carry out on a daily basis to keep your business ticking over. In an effort to cut costs, or sometimes through sheer stubbornness, business owners with no prior tax or accounting experience will often also try to handle the taxes and accounting issues of their companies, rather than hiring professional tax services. Needless to say, this is a very time-consuming job, and it can also be stressful if you don’t know what you’re doing. You may think that by not hiring a tax lawyer or tax professional enrolled agent, CPA, attorney-in-fact to help you, that you are saving money, yet in reality the exact opposite is true. Take trust fund payroll taxes for example. If you fail to handle them correctly, you could be held personally responsible for your company’s payroll taxes.

Get a free case evaluation at 877-788-2937.