Delinquent Employment Taxes

Atlanta Tax Evasion Defense Attorney

Helping Georgia Employers with Delinquent Employment Taxes

When finances get tight within a business, decisions are difficult to make. Employees still need to be paid. Utilities will be shut off if the bills are not paid. Failure to pay suppliers can essentially result in production shutting down. Dipping into the payroll tax trust fund (pyramiding employment taxes) seems innocent. Next month will be better. If I can just get through this month, then I'll pay it back and submit it to the IRS. Unfortunately, once things get behind, it can be impossible to catch up, especially when considerable amounts of taxes are involved.

Avoid the Strict Penalties Imposed by the IRS
Contact my Stockbridge law office for help.

Penalties for the business: The IRS aggressively enforces employment trust fund taxes. In addition to recovering the amount of overdue taxes, the IRS may assess interest and a trust fund recovery fee. In order to satisfy delinquent tax debt, penalties, and fees, the IRS may levy bank accounts or receivables, or seize vehicles or other company property. The IRS can essentially shut down a business - stopping all revenue and adding to the financial problems of the business.

Penalties for responsible parties: In addition, the IRS will seek out the persons responsible for submitting payment to the IRS. The responsible person for submitting payment to the IRS may be held personally liable for the delinquent employment taxes - resulting in personal bank account levies, vehicle seizure, and assessment of personal penalties. These penalties are equal to the amount of taxes owed (including interest) and cannot be discharged in bankruptcy.

How I Can Help

With over ten years of tax law experience, I can help you through IRS tax collection issues.

• Staying in business: When a business intends to continue operations, I assist them with working out a payment plan or negotiating an offer in compromise.
• Going out of business: Unfortunately, when a company goes out of business, the IRS more aggressively pursues responsible parties. I defend clients and go to work immediately to prove they were not in fact responsible for payroll tax submissions.
• Starting a new business: Many business owners choose to close the business and open a new business. However, it is essential that in every way the business is organized as an entirely new business. Otherwise, the IRS will simply follow the money to the new business. I advise clients about how to effectively close the old business and start a new company.

If you or your company is facing penalties from the IRS, the defense law office of David MacKusick can help. I provide knowledgeable and effective tax law representation to large and small businesses as well as responsible parties who are being pursued for delinquent employment taxes.