I can help you take prompt action when you have unfiled payroll taxes.
Has your business fallen behind on filing payroll taxes? You are not alone. However, the consequences of unfiled payroll taxes can escalate quickly. At my accounting firm, I work with businesses to resolve unfiled payroll tax issues strategically and efficiently. The IRS takes payroll tax compliance seriously, and missing filings can result in interest, heavy penalties, and even liens or levies.
Payroll taxes include withheld income tax, Social Security, and Medicare contributions, all of which are funds that are technically the government’s. When you have unfiled payroll taxes, this is considered a serious offense. Often, businesses in Acworth, Georgia that fall behind are struggling with cash flow or facing internal accounting issues. Regardless of the reason, the longer you wait to take care of the situation, the higher the risk of compounding penalties and legal issues.
I can help you bring your payroll tax filings up to date, communicate with the IRS on your behalf, and create a plan to help you settle your back taxes in a way that is manageable. I will review your records, help you file missing returns, and work hard to reduce penalties when possible. In many cases, I can negotiate an installment agreement.
Keep in mind that if you have unfiled payroll taxes, ignoring them won’t make them go away. As an experienced accountant, I can guide you through the resolution process, so you can rebuild compliance, protect your business, and focus on moving forward with your business’ finances. Contact me at the office of Denson Pepper CPA today to learn more.
At Denson Pepper CPA, I provide assistance with unfiled payroll taxes for clients in Acworth, Dallas, Cartersville, Canton, Woodstock, Marietta, and Kennesaw, Georgia.
