Experienced Lawyer in Chicago area talks to businesses that owe IRS taxes, payroll taxes, personal liability or withholding tax issues.
If your business is under audit or owes money to the IRS, you need to seek immediate help. Doing nothing could lead to more severe consequences; such as tax liens, levies on bank accounts and even seizure of property. With the future of your business and life at stake, you need an experienced counselor by your side with knowledge of both financial and legal matters to help resolve your IRS issues.
Since 1996, Eric Zelazny of EZ Business Bankruptcy and IRS Solutions have been providing skilled representation for businesses with IRS issues in Cook County, Kendall County. Kane County, Will County, and DuPage County. Attorney Eric Zelazny is a lawyer and certified public accountant who knows the numbers as well as the law. Eric lectures regularly on these topics and been called upon by the courts several times to testify because of his experience and expertise in bankruptcy law, IRS Law and accounting. He seeks difficult cases and frequently represents attorneys, CPAs, doctors and other professionals with complicated financial issues and their referrals. EZ Business Bankruptcy and IRS Solutions also offers friendly and personalized service with free consultations and meeting you at our office or yours.
Business IRS Issues in help in Cook, Will, DuPage, Kendall and Kane County.
Businesses with a large amount of debt usually have problems with the IRS as well. Often, businesses owe back taxes to the IRS without even realizing it. For example, if your company runs into financial problems and you fail to meet payroll, you may not be aware that you are still responsible for the payroll taxes on the wages you failed to pay your employees. Over time, penalties and interest accumulate, leaving the business owing an even larger debt to the IRS. This is why it is important to deal with business IRS issues sooner rather than later before your debt spirals out of control and your business is in danger of going under.
Business Tax Settlements
With an effective negotiating strategy, it is possible to reach a favorable settlement and put your business tax controversy behind you. Settlement options include an “Offer in Compromise” (OIC) where you make a lump sum settlement offer to the IRS for less than the amount owed, or an installment agreement. Recent changes to the IRS “Fresh Start” program have made it easier to qualify for these options. Business bankruptcy is another way to discharge tax debts under certain conditions, but going this route could open the door to other complications, so it should only be done as a last resort.
If you have a business that is under audit or facing a mountain of IRS tax debt, contact EZ Business Bankruptcy and IRS Solutions today at 708-888-2299 for your free consultation. EZ Business Bankruptcy and IRS Solutions will put our experience to work for you to help you navigate the rough waters of IRS tax law and work toward a favorable resolution. Our law offices represent clients with business IRS issues in Chicago, Tinley Park, Orland Park, Oak Lawn, Mokena, Frankfort, Orland Hills, New Lenox, Will County, Cook County, DuPage County, Kendall and Kane Counties.