Houston, Texas Tax Withholding and Payroll Tax Attorney
Many small businesses find themselves in the position of withholding payroll taxes to pay expenses, leading to the inability to pay later. At The Hammond Law Group, PLLC, we take a proactive approach to protect the rights and interests of small businesses. We will begin an immediate investigation to ensure that the IRS assessment was done correctly and that your withholding was properly calculated.
Our attorneys can make various arrangements with the IRS so that you can maintain your business while your old payroll taxes are either paid or reduced to a manageable level. Contact us for an initial consultation or case evaluation regarding tax withholding and payroll tax.
Many business owners do not realize that the government can and will shut down your business and liquidate your assets if it thinks you are withholding payroll tax from your employees and not paying the IRS. Our attorneys are experienced with Form 941 and can help you assess your payroll tax withholding to prevent liability and minimize tax consequences, including garnishment and penalties.
- Is your company or business failing to either file or deposit the payroll taxes as they come due?
- Is the government threatening to shut your business down?
- Is your bank account being levied?
- Did the IRS issue tax liens against your business?
Due to the difficult financial situations, some businesses fail to timely deposit all of their payroll taxes. It is important that you make prompt arrangements with the IRS to resolve the delinquency problem. IRS considers tax withholding to be a very serious problem and can get very aggressive in their collection process. Our attorneys will provide you with the strategic advocacy and sound counsel necessary to protect your rights and minimize the penalties and consequences of tax withholding.
Personal liability and trust fund taxes
Keep in mind that the unpaid payroll taxes of your company may result in you being individually liable for these “trust fund” taxes. You may be held responsible for the trust fund portion of the payroll tax if you were responsible for collecting and paying, but failed to do so.
Contact The Hammond Law Group, PLLC to schedule a free consultation at our Houston, Texas office. Our lawyers offer strategic advocacy in paycheck and payroll tax withholding disputes for small business owners. Se habla español.
