In tough economic times, hard-working entrepreneurs protect their business by first paying the vendors, suppliers and employees that are necessary to operations, and delaying payment to the IRS. This is because the vendors and employees are...
Read PostCategory: Employment taxes, Trust fund recovery penalty
1. Be courteous and respectful. You will get nowhere with an angry or condescending attitude, and will just give the IRS reason to come down harder on you. When your head is in the mouth...
Read PostCategory: Automated Collection Service, Employment taxes, Installment agreements, IRS collection notices, IRS Collection Problems, Revenue Officers
This week, the New York Times reported that the cost of a 30-pound sack of rice has doubled, and a 15-pound bag of flour has almost tripled for restaurants. An article yesterday in The Cincinnati Enquirer...
Read PostCategory: Employment taxes, IRS Collection Problems, Trust fund recovery penalty