Business tax Employment tax matters

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.

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.

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.

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.

At The Wilson Firm, we are committed to helping you navigate the intricacies of business and employment tax matters. We work closely with our clients to understand their unique situation and develop a customized strategy to minimize their financial liabilities while ensuring compliance with tax laws. If you are facing a tax issue or have concerns about your business's tax obligations, don't hesitate to contact us today to schedule a consultation with one of our experienced tax attorneys.