Navigating Tax Issues for Businesses and Employers
Dealing with tax issues can be daunting for any business owner or employer. If you discover that the IRS or a state tax authority is investigating your business, it is crucial to seek legal advice as soon as possible to prepare for the situation at hand. At The Wilson Firm, our team of experienced attorneys is equipped to handle various tax matters, including income tax, employment tax, sales and use tax, and other business taxes.
Payroll Tax Challenges and the Trust Fund Recovery Penalty
One of the tax issues we frequently deal with is payroll taxes. During difficult economic times, an unexpected tax obligation can threaten the survival of a business. The IRS has the power to convert unpaid payroll taxes of a business into personal debt by anyone deemed to be a "responsible person" of the business.
This process can result in the "Trust Fund Recovery Penalty," which cannot be discharged in bankruptcy. Our skilled tax lawyers defend potential "responsible persons" from these penalties and help our clients navigate the complicated tax laws to limit the impact on their business.
Worker Classification: Independent Contractor vs. Employee
Another tax issue that we handle at The Wilson Firm is the classification of workers as independent contractors or employees. Employers may not be aware of the rules when it comes to determining the status of a worker, and the IRS has a voluntary compliance program to assist businesses in complying with these laws. Our tax attorneys can help clients make the appropriate determination and take the necessary actions to ensure that unexpected tax issues do not arise.
Representation Before Tax Authorities
We represent our clients before the IRS, as well as Texas state agencies, such as the Comptroller of Public Accounts, in matters involving these crucial determinations. Our attorneys have extensive experience and knowledge of tax laws and regulations, enabling us to provide our clients with the best possible representation.
Why Choose The Wilson Firm?
At The Wilson Firm, we provide personalized, strategic representation tailored to each client's situation. Whether you're facing a government investigation, a tax dispute, or enforcement action, our attorneys work closely with you to understand the facts, assess the risks, and pursue the most favorable resolution possible.
We manage the legal complexities so you can focus on moving forward. From handling communications with tax authorities to developing a strong legal strategy, we are committed to protecting your rights, your interests, and your peace of mind at every stage.
Contact Us today to learn how our experience, discretion, and dedication can help you navigate even the most challenging legal matters with clarity and confidence.
