Payroll Taxes Attorney in Tampa
Finding Solutions that Work for Your Business in Florida
If you're behind on your payroll taxes, speaking to a Tampa tax attorney can significantly improve your situation. The longer you wait to resolve your tax debt, the more anxious you'll feel about it and the worse off you will be. As someone who has fallen behind on their own taxes, we understand what you're going through. We also understand that there are ways to climb out of this mess and come to an agreement with the IRS. Far too often, taxpayers are too intimidated to take care of their situation – but with our help, you can face this problem head-on. As a qualified Tampa tax attorneys, wecan identify your options and help you navigate every part of the process.
Don't be afraid to speak to a Tampa payroll attorney about your case. The sooner you deal with this situation, the better! Call (813) 295-7648 to request a free consultation with our firm.
Difference Between Income and Payroll Taxes
Employers are responsible for withholding taxes from their employee’s wages. The employment tax that is withheld from each of the employee’s paychecks are categorized into payroll and income taxes. There is a difference between which include:
- The federal government administers payroll taxes and uses them to fund Social Security and Medicare
- These payroll taxes are withheld at a flat rate and the employer also pays a portion
- Income taxes refers to taking deductions, exemptions and credits from the employee’s paycheck for sources other than employment
- The tax is used to fund the national defense, social programs and additional government expenses
- Income tax is based on a bracket system; the income tax increases with the employee’s salary
What to Do When You Fall Behind On Payroll Taxes
If you own a business and have employees, you are responsible for withholding payroll taxes from their paycheck. If you have fallen behind and have not paid your taxes on time, do not ignore the notices that the IRS sends you. Ignoring these notices will only put you at risk of added interest, penalties, and further consequences. This is why it's important to seek the counsel of a Tampa payroll tax lawyer who can guide you through this process.
At the Law Offices of Darrin T. Mish, we try to help clients understand that there are ways to resolve this situation.
We can help you resolve yours through:
Whether any of the options above are the right fit for you depends on the circumstances of your situation. We are eager to get to know you and hear your story so that we can help you through this ordeal. We represent people throughout Florida and have helped hundreds of our clients find tax relief.
Let's figure out a way to deal with your tax problem. Call us today at (813) 295-7648 to set up a free consultation.