Tax Relief Blog

Articles Posted in Payroll Tax Problems

Item: Mike Habib, EA
Rating: 5
Author: April S.

November 29, 2019

Payroll problem tax debt relief – get professional representation

by 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].

October 1, 2019

Payroll Tax Problems : Employment 941/940 tax representation

by 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 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 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.

June 24, 2019

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

by 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.

December 21, 2018

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

by 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.

December 1, 2018

Employment Tax Representation: High-Stakes Tax Problem

by Mike Habib, EA

For business owners, CEOs, CFOs, one of the most common issues is tax problems that deal with your payroll. 941 and 940 payroll tax issues are quite common and with the IRS pursuing their collections vigorously, you will need the best in employment tax representation to keep out of trouble. For businesses that have employees, it is highly recommended that you get assistance from a professional tax firm. They can provide the best in employment tax representation that helps keep your business in-line with federal and state tax laws.

Both the 941 and 940 tax returns need to be filed properly if your business is going to avoid potential issues that might otherwise bring in an audit. This is why it is important to understand the importance and difference between the 941 and 940 forms.

Get a free case evaluation today at 877-788-2937. All 50 states.

November 12, 2018

REVENUE OFFICER – IRS RO

by Mike Habib, EA

REVENUE OFFICER – IRS RO

Now that IRS tаx collection асtіоn is bесоmіng more and more prevalent, іt іѕ іmреrаtіvе thаt уоu bесоmе рrоасtіvе in hаndlіng your tax dеbt рrоblеmѕ, unfiled tax returns, payroll 941 employment and unpaid back taxes. An IRS Rеvеnuе Officer is fullу аuthоrіzеd аnd bасkеd bу thе gоvеrnmеnt tо рrосееd wіth tаx соllесtіоn асtіоn іn аn aggressive аnd intimidating mаnnеr. They have bееn gіvеn аuthоrіzаtіоn beyond thе аvеrаgе collection аgеnсу аnd tаkе tаx dеbt соllесtіоn vеrу seriously.

An IRS Revenue Officer fосuѕеd on ԛuісk rесоvеrу of уоur full tax dеbt аmоunt іѕ trained tо:

Nоt bе swayed by еxсuѕеѕ (lеgіtіmаtе or nоt)
Not соnѕіdеr a tаxрауеr’ѕ аbіlіtу tо рау
Aѕѕеѕѕ and enforce wаgе gаrnіѕhmеntѕ
Lеvу bank accounts
Seize рrореrtу
Bring сrіmіnаl сhаrgеѕ if necessary

Having an еxреrіеnсеd enrolled agent, CPA or tаx attorney rерrеѕеnt you саn make thе аrm-wrеѕtlіng nеgоtіаtіоn process more аdvаntаgеоuѕ tо оbtаіnіng an ассерtаblе ѕеttlеmеnt аgrееmеnt.

Get tax help today at 877-788-2937.

October 5, 2018

Help a business with 941 employment payroll back taxes

by Mike Habib, EA

As the owner of a Los Angeles business that employs one or 10,000 employees you are required by law to collect, report and send the payroll and employment tax for each of them. The IRS has a specific 941 form that must be sent in every quarter and must follow a very specific schedule. The only deviation that is acceptable is if the day it is due falls on a Saturday, Sunday or holiday, if this occurs, you must have it sent in on the following business day.

What is meant by Business 941 Payroll, or Employment Tax?

While most Angelenos in Southern California know exactly what income tax is that is withheld from each of their checks, but it is not as likely that these same people would have any idea what is meant by payroll tax. However, ask any Los Angeles business owner the same question they will absolutely be able to tell you that it refers to as 941/940 Employment Payroll Tax.

They are quite aware that 941/940 Employment Payroll Tax refers to the combination of employment tax, social security tax, and Medicare Tax. These taxes are collected from each employee and they must be reported and sent to the IRS quarterly and it must adhere to a strict, specific schedule. If you make it a habit of missing deadlines for submitting the 941 payroll tax form you can be sure that the IRS will not forget and you will likely find yourself on the wrong side of its wrath.

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

May 30, 2018

EDD tax issues – employee versus independent contractor controversy in California

by Mike Habib, EA

EDD audits employers for various employment controversies, mostly how California employers classify their employee versus independent contractor status.

We represent employers facing EDD audits and exams, employers normally receive an initial letter, simple survey type of correspondence, that usually leads to a complicated EDD audit that could result in tens or hundred of thousands of tax dollars due to EDD from the employer. Call us today at 877-788-2937 for a free evaluation.

August 14, 2017

Tax problem resolution infographic by Mike Habib EA

by Mike Habib, EA

Tax Problem Resolution infographic by Mike Habib EA, Back taxes Help, IRS Audit Help, Unfiled Tax Returns Help

Tax Problem Resolution infographic by Mike Habib EA

Calling on taxpayers facing back tax problems, taxpayers being audited by the IRS or the state, taxpayers with delinquent and unfiled tax returns, releasing tax levies, tax liens and businesses facing 941 payroll tax problems. We can resolve your tax problem and offer you peace of mind. Call us today at 877-788-2937.

February 3, 2017

Payroll Tax Help – Keep That Business Running

by Mike Habib, EA

Running a business, managing a company is not a child’s play. Apart from being a good CEO or the Head of the Company, there are certain important things you have to figure out and reign in early when you first start your own business or running a company as you need to take care of your employees as well as their salaries thereof. Payroll taxes are the most important of them all. You have to know how to calculate and pay 941 payroll taxes before you set out to hire employees.

Payroll taxes can prove to be a headache for businessmen/CEO. Employers are required to file payroll taxes from an employee’s paycheck. Some are paid by both the business and the employees, while some are the responsibility of the business alone. Though it is not easy to file payroll taxes, you can however hire a professional to get 941 payroll tax help.

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

★★★★★

Mike has given us peace of mind! He helped negotiate down a large balance and get us on a payment plan that we can afford with no worries! The stress of dealing with the IRS is huge and Mike helped us through it all. The peace of mind is invaluable, thank you Mike!April S.

Mike Habib - Thank you for being so professional and honest and taking care of my brothers IRS situation. We are so relieved it is over and the offer in compromise process went just as you said. Mike is very professional and will give you honest answers to the OIC process and you can really trust him. You won't be sorry you chose him!Joe and Deborah V.

Mike is a true professional. He really came thru for me and my business. Dealing with the IRS is very scary. I'm a small business person who works hard and Mike helped me see that they are not that scary after all. He was always there with the answers I needed and was very good about calling me back which I appreciated since your first reaction is to freak out and ask a million questions. He solved a messy case and worked very hard to resolve it. His rates are VERY reasonable for the amount of work he does! I give him my highest recommendation!Marcie R.

Mike was incredibly responsive to my IRS issues. Once I decided to go with him (after interviewing numerous other tax professionals), he got on the phone with the IRS immediately (as in the same day I signed with him) to squash an impending issue. And he worked directly with them to quickly come to a resolution I am very happy with. I'd highly recommend reaching out to Mike to see if he can help you with any IRS issues. I'm very satisfied!Marshall W.

I’ve seen and heard plenty of commercials on TV and radio for businesses offering tax help. I did my research on many of them only to discover numerous complaints and unresolved tax issues. I found Mike Habib through my own online search and contacted him. He was very professional with great communication, always answering my questions and concerns. Mike resolved my complicated tax problem just as he said he would. I would definitely recommend his services to family and friends.Nancy & Sal V.

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