5 Ways to Handle Unpaid Payroll Taxes
  • April 16, 2021
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Back payroll taxes to the IRS can land you and your business in some huge problems. The IRS considers unpaid payroll taxes serious business and ignoring them can put you and your business in great jeopardy. The government agency will take every action possible to recover the outstanding amount including taking legal action against you and your business. The result can be imprisonment, hefty fines, and, in the worst case scenario, you can lose your business entirely. To avoid such a situation, you need to address unpaid payroll taxes immediately. Here are several ways you can successfully handle unpaid payroll taxes.

1. Understand that Tax Delinquencies Can Happen to Any Business

You need to understand that tax delinquencies are faced even by the best of businesses. Sometimes, it may not be even your own fault. Many times, clients and vendors go out of business without paying their invoices. Sometimes you are just out of money after you are done paying regular business expenses. Even in such a situation, the IRS expects you to pay payroll taxes on time without fail.

2. Act on Unpaid Tax Issues Right Away

Once you realize that you owe the IRS in unpaid payroll taxes, it is important to take action right away. Avoiding the government agency only creates more problems and makes the situation worse. The IRS can have you put in jail and close your business in such a scenario. To save your business, you need to contact the IRS to explore the best ways to settle your outstanding taxes. This allows you to keep your business running while you pay-off your tax dues.

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3. File the Most Recent Tax Returns First

It is recommended to become compliant on your tax returns. You can do this by filing the most recent one first. Once you have filed the most recent one, you should work your way back to file the remaining past tax returns. Even if you do not have money to pay, you should do this. You can arrange money to pay the amount on your most current return. This will help you gain the trust of the IRS by showing that you are serious about paying your dues.

4. Do Not Contact the IRS on Your Own

It is recommended to seek help from a professional IRS payroll tax attorney that has expertise handling such cases. You should avoid contacting the IRS on your own as it can easily increase your overall potential burden and lead you into implicating yourself. A professional payroll tax problem specialist will know how much information to give and assist in keeping exposure to a minimum in order to avoid being implicated for something you are not responsible for.

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5. Request an Installment Agreement

You can ask the IRS for an installment agreement to reduce the burden by getting an opportunity to pay the outstanding taxes in installments. It is critical that you make this request in writing. The written request needs to include the overall balance and the amount you can pay each month, which should be comparable with your business income.

Wrap Up

Handling unpaid IRS payroll taxes can be a tall order and requires a substantial amount of knowledge and experience. If you are looking for expert help with payroll tax issues, you should immediately talk to the experienced team of lawyers at The Law Offices of Nick Nemeth. Our firm has a team of experienced payroll tax attorneys with a proven track record of helping clients in resolving IRS tax problems in Dallas. To speak with one of our attorneys, call The Law Offices of Nick Nemeth at (972) 426-2553 or fill out our contact form.

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What Our Clients Have to Say

Susan WilsonSusan Wilson
03:27 25 Jan 23
I have been very pleased with the solid counsel and guidance that Nick Nemeth has provided me regarding my tax issue. I found him to be honest and straightforward which I appreciated. I was impressed with his relevant experience and knowledge . He has definitely brought me peace of mind during a difficult and stressful time.
Sarah HowardSarah Howard
03:44 14 Nov 22
I would like to thank Mr. Nick and his staff for the superb help that I received from them. My IRS problem was resolved quickly and efficiently. It took 2 visits to convince me that I was over my head. I thought that I could call the IRS, appeal my tax notices and settle on a payment plan on my own. After many phone calls to the IRS, waiting sometimes more than 4 hours with no resolution to speak of, it proved to be extremely difficult and stressful. Revisiting Mr. Nick was a huge wake up call. My account was reviewed, and a payment plan was established with the IRS within a week. I will be forever grateful to the staff who worked on my case and especially to Lorna who listened to me vent while going through this painful process.
00:33 07 Aug 22
I cannot say enough good things about Nick and his team. When I first met with Nick he was up front, honest, friendly and efficient. When I worked with one of his attorneys, Eric B, I was just as pleased. All of the staff there are nice and very helpful. I wish I hadn't waited so long to get help with my issue. Over 6yrs I tried getting through and getting anywhere with the IRS and hardly made any progress. I know this may not be the case for all, and even I thought it would take longer than it did, but 3mos and they had my situation straightened out. I still can't believe it. Thank you thank you THANK YOU for all that you did for me. This is a huge burden gone out of my life now thanks to you. If anyone needs help out there, I know you may not want to shell out more money to get their help but it may just save you in the long run.
Spoilly GirlSpoilly Girl
23:49 03 Aug 22
The Nemeth Law team is exceptional. They treat their clients like a family member who is in crisis. They want you to get the best possible outcome. I really appreciate everything that they did for me. Jake and Ashley had the greatest role in my case and it all turned out for the best for me. Thank you Nick and team for easing my fears and getting me through the long process. I'm truly grateful.
Eddie WaltEddie Walt
19:44 12 Jul 22
During a time in which competent, professional service at a fair price seems to have disappeared, Mr. Nemeth and his team are a refreshing breath of fresh air.From my first phone call to the final settlement of our case with a non-responsive IRS, they under-promised, over-delivered and were in constant courteous contact to make sure we knew exactly what was happening and where we stood.I hope to never need their services again, but, should I receive another friendly letter from the IRS...I know who to call!
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