Why the IRS Takes Payroll Tax Issues So Seriously

Charleston, West Virginia IRS & Tax Attorney, Jeffrey T. Jones Discusses Why All Businesses Better Pay Their Pay Roll Taxes!

The IRS looks at employers who don’t pay their employees’ payroll taxes as stealing, plain and simple. Payroll Taxes are referred to as Trust Fund Taxes, because in essence you have been “entrusted” with money belonging to your employees. It’s your job to withhold a portion of money they’ve earned to pay their income tax and their share of FICA (social security and Medicare) and pay it to the U.S. Treasury. 

Your employees are the ones who owe the money to the government - you are simply the delivery person. When you don’t pay your employees’ payroll taxes, it’s considered THEFT. In the eyes of the IRS, the money was never yours in the first place. So here’s... 

Why the IRS Would Rather Close Your Business 

If You Have Payroll Tax Problems 

If you haven’t paid your payroll taxes, the IRS is NOT usually interested in working out a payment plan. Experience has shown them that your Payroll Tax problems are likely to get bigger - as long as your business is allowed to remain open. Forcing you to close your business instantly stops this possibility. 

So it’s very important you know – when the IRS discovers you have a payroll problem, they are usually pre-determined to shut your business down quickly. They will have serious doubts as to your abilities to pay new payroll taxes when you still owe old payroll taxes. It would be easier for them to simply shut the business down, and deal with the issues of getting their money from the “responsible parties.” 

Plus, if the IRS Revenue Officer were to agree to a payment plan, and you ended up NOT paying in the end, it creates an even more embarrassing situation for the Revenue Officer, since he was “duped” into agreeing to a plan. It’s easier just to shut you down. 

Therefore – if you want to keep your business open, you need a professional third party speaking on your behalf, basically convincing the Revenue Officer that your business would be better off alive than dead...and that they are MORE likely to get the money if they work with you. It’s a tough sell – so if you find yourself in this situation, it is critical you call me at 304-345-3400 or 800-247-2845 and allow me to speak on your behalf to the IRS, or you may say something they will hold against you. 

About Jeffrey T. Jones:

Jeffrey T. Jones is an attorney in Charleston, West Virginia. He is licensed to practice in the State and Federal Courts of West Virginia and in the State of North Carolina. He is a graduate of the West Virginia University College of Law.

He is past President of the West Virginia Association for Justice and has been honored as Member of the Year. He has also been recognized as one of the Top 100 Trial Lawyers in West Virginia. He has appeared in USA TODAY as an Emerging Business Leader To Watch.

In his work, he helps individuals and businesses solve their IRS problems. He is the author of the bestselling book “Protect and Defend.” He has also written Special Reports dealing with business payroll taxes and ways to solve your IRS problems.

To learn more about Jeff or to order his book, or Special Reports, go to http://www.jeffreytjones.com/ or call 1-800-247-2845 or 304-345-3400.