Archive for the ‘Tax Debts’ Category

Beat the Payroll Tax Penalty

Posted by John Ellsworth, Esq October 2nd, 2013

Beat the Payroll Tax Penalty – How It’s Done Payroll tax penalties, IRC §6656, can be devastating. A payroll penalty usually hits businesses that can least afford them, new business and businesses with weak cash flows. There are things businesses can do to reduce a payroll tax penalty. The first thing to consider is to […]

Six Ways to Pay IRS Taxes

Posted by John Ellsworth, Esq October 2nd, 2013

Dealing With an IRS Tax Bill You Owe You have six ways to deal with a tax bill you unquestionably owe: • pay in full • pay in monthly installments, by agreement with the IRS • reduce, eliminate or pay the debt through bankruptcy • reduce the debt and pay it through an IRS Offer […]