Tag: Penalties

100% Penalties

Am I Liable for My Company’s Taxes? You notice that a lot of tax notices are coming in. You try to read the notices, but the bookkeeper whisks them away, telling you they are nothing. Weeks later the IRS walks in the front door, as the bookkeeper...

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Settling IRS Tax Debts – Your Options

As we noted in the previous blog, the IRS has 10 years to collect any tax due. So you’re going to have to deal with this sooner or later, and interest and late payment penalties will continue to accrue while you figure out how you are going to...

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