IRS collectors are extremely tough to deal with if you owe payroll taxes. Keep in mind that revenue officers can seize assets and force you out of business if you owe back payroll taxes. The trust fund recover penalty is one of the scariest parts of the entire tax code. The penalty can be assessed against low-level or innocent employees who never dreamed it could happen.
IRS investigations of business owing payroll taxes are carried on by specially trained Revenue officers. They begin by putting together a list of people who had authority over paying the bills of the business the primary considerations are:
* Who signed (or signs) the checks?
* Who made ( or makes) the financial decisions in the business?
* Who had ( or has) the power to pay or direct payment of bills?
* Who had ( or has) the duty of tax reporting?
Barouti Fiancial Services can help you work with the IRS to come up with a plan to eliminate your debt. We’ll help you come up with a payment plan through monthly installments at a pace that is manageable given your unique financial situation. Don’t wait until the problem gets worse - contact us today!