Your Tax Problems
Tax Attorney, Enrolled Agent, CPA for Tax Help
As the old saying goes, “there only two absolutes in this world death and paying your taxes”. Unfortunately, the IRS takes the latter extremely seriously and if you find yourself in trouble with the IRS a tax attorney may be the person that can help you avoid serious complications. While not all dealings with the IRS are harmful to you, but generally speaking if you are contacted by the IRS because of an issue with your tax return or as in the case of an issue with a 941 Payroll Tax matter, you can bet it is more on the serious side.
Getting Proper Representation
While there are technically three different types of representation that the IRS does allow by law to represent you during any direct meetings with an IRS Revenue Agent, or Revenue Officer, having the right person there is extremely important. Knowing the difference between them so that you have the right person with you can make the difference between a positive and a negative one. The three types of representation you are allowed to have representing you during any meetings with an IRS Revenue Agent, or Revenue Officer are a Tax Attorney, Enrolled Agent or a Certified Public Accountant.
Tax Attorney – for criminal tax matters, a Tax Attorney is the best fit of all the three people and works only for you and carry all of the legal protections afforded you by the law in case your tax troubles escalate to charges being filed against. A tax attorney also is well versed in all of the tactics that are typically used by IRS Revenue Agent or Revenue Officer, and will not be able to be forced to testify against you at any trial proceedings.
Enrolled Agent – Enrolled Agents are actually individuals that are certified by the United States Treasury, while not actually employed by the government, they are tax experts, sanctioned to be able to represent you in front of an IRS Revenue Agent, or Revenue Officer, but they can be called on to testify against you in trials or court proceedings in criminal cases.
Certified Public Account – CPAs are well versed in all of the current tax laws and would be able to represent you during most types of IRS meetings, but will not be able to help you if your troubles become of a more serious nature. Like the Enrolled Agents, they can be compelled to testify against you in any criminal trial or legal proceedings.
Having 941 Payroll Tax Issues
As a business owner, you spend so much time building your business and worrying about turning a profit, but you better be spending as much time concerned about your tax responsibilities as well. Whether you have a single employee or hundreds or even thousands, you need to be sure that you are following all of the rules and employment tax laws governing that part of your business.
One of those important taxes are the ones covered under the 941 Payroll Taxes and you can be sure that the IRS is very interested in everything you enter on that form and that you make all of the deposits that you are reporting on schedule.
941 Payroll Taxes
All of the taxes that you are responsible for withholding, reporting and sending them to IRS at the scheduled time. Whether you are required to report and make payments on quarterly or annual basis will depend solely on the decision by the IRS. As long as you continue to both submit the reports and make the required payments on time, you will have no troubles with the IRS.
The following taxes are your responsibility for each and every employee of your business. That means you must not only withhold the taxes, report the withholding and then submit the funds withheld to the IRS on the scheduled dates.
- Social Security Tax
- Medicare Tax
- Federal Income Tax
- Federal Unemployment Tax
When is it Necessary to Get Some Help?
As the owner of the business, it is ultimately your responsibility to ensure that all of the taxes are being taken care of for all of your employees. Whether you have someone taking care of it for the business, it is still your responsibility and that means if your business gets contacted by the IRS for failure to report tax withholdings or failure to submit the funds properly, you will have to answer to the IRS.
It is extremely important that as soon as you have been contacted by the IRS and informed that you are being audited you should be in touch with a tax attorney. These are people whose primary job is to represent individuals or businesses in front of the IRS. They know Tax Law and they will be on your side through the whole process.
Ensure that your research and make sure that you fully trust the firm and attorney that has been assigned your case. Also be sure that you are involved throughout the whole process to be sure that you feel comfortable with everything that is being done on you and your businesses behalf.
Call us for a brief and confidential free evaluation at 877-788-2937.