IRS Tax Resolution in Ohio
Ohio Tax Attorney
There are many reasons that an individual or business can miss their filing deadline. Being under the crush of business can be quite stressful and cause you to be late in filing your tax return. Accounting errors, computer errors, and even employee problems can conflict with getting your tax return filed on time. You may have failed to withhold enough payroll tax throughout the year, then decided to file late in hopes that you would earn enough to pay what you owed.
Now your company is likely facing fines and interest on top of what you originally owed. If you have failed to file a tax return, it is considered a federal crime and the IRS has 6 years from the date your tax return was due to charge you with the offense. If you failed to file, the IRS has an unlimited amount of time from that moment on to audit you, collect back taxes, penalties, and interest. You will need to educate yourself on the IRS tax laws and procedures in order to resolve your IRS tax resolution, and an Ohio tax attorney can help.
Resolving IRS Problems for Ohio Residents
It is also common for businesses with temporary cash-flow problems or complex staffing to run into payroll tax problems. Underpaid or unpaid payroll taxes can bury your business in interest assessments and tax penalties. If you continue in your business and the problems go unresolved, the IRS may decide to seize your company’s assets or completely close down your business. The IRS has the capability to collect delinquent payroll taxes from a corporate officer or a business owner. Businesses which operate on a cash basis are more vulnerable to state tax audits, which results in your business being billed for additional tax penalties, state taxes, and interest. Internet businesses can also run into additional state taxes and IRS sales tax problems. Our firm is here to help with your IRS tax resolution and to assist you to get the matter brought to a conclusion with the least stress and worry.
At Sheppard Law Offices, we represent individual and business tax clients throughout Ohio and across the nation who are facing IRS tax liabilities, penalties, and interest problems. Our clients face tax assessments ranging from small amounts such as $10,000 to $500,000. We have also helped clients resolve tax liabilities which exceeded $1,000,000. Regardless of the size of your tax liability, our firm is ready to assist you. With prompt, effective tax help from Attorney Sheppard and his tax professional staff, your tax issues can be resolved and you can regain your peace of mind.
Contact an Ohio tax lawyer for assistance with your IRS tax resolution today!