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Your IRS Questions Answered Here…

|Tax Attorney · Villanova University School of Law · Admitted in Delaware, New Jersey, United States Tax Court|January 13, 2020|2 min read

Question: I own a small business and in order to keep afloat, I did not pay the IRS for my employee’s withholding taxes for a few years.  How much trouble will I be in?

 

Answer: Owing 941 payroll taxes is very different than owing personal 1040 income taxes. Not only can the IRS shut down your business, they can come after you personally, levy your bank accounts, take your receivables and seize your property including your house.  Scarier still is that it could turn into a criminal matter.  Why? Because the money has already been deducted from your employee’s payroll checks; so it’s not your money to begin with! The IRS looks at this as if you stole their money.

 

Facing a Tax Problem?

Talk to an experienced tax attorney today — free consultation.

(877) 829-5267

You need to get help fast from an experienced professional who deals with the IRS every day.  We can assess your situation and figure out the best way to help you, and will take over all dealings with the IRS so you don’t have to.  Don’t let them take over your life and manage your cash flow; call us today!

 

Our clients generally NEVER meet or speak with the IRS. We handle everything for you so you don’t have to take time away from your job or business. We know the law.  We know your rights. We can help!

 

We at MLO Tax are experts in tax resolution and help taxpayers like you with their IRS Problems every day.  Call us at 610-388-4474

Gregory McCauley Jr., Esq.

About the Author

Gregory McCauley Jr., Esq.

Tax Attorney · Villanova University School of Law · Admitted in Delaware, New Jersey, United States Tax Court

Gregory McCauley Jr. is an experienced tax attorney who has personally represented more than 1,000 clients in matters ranging from civil tax controversy and IRS examinations to criminal tax defense, U.S. Tax Court litigation, and complex business disputes. His practice is built on a foundation his c...

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