Experiencing Employment Tax Issues?
For many small businesses in the DC and Maryland area, employment taxes can be one of the most challenging parts of running a business, regardless of size. Why? Because mistakes can quickly lead to penalties, interest, and perhaps the most unwelcome of them all – communications from the IRS.
Employment taxes include income tax withholdings, like Social Security and Medicare taxes, and federal and state unemployment taxes. One common issue is businesses experiencing cash flow problems and using payroll tax funds to cover operating expenses. While this may seem like a temporary solution, failing to make required tax deposits can result in significant penalties and collection actions. In some situations, the IRS may even seek to hold certain owners, officers, or managers personally responsible for unpaid payroll taxes.
Why Might You Need an Employment Tax Attorney?
The above can lead to employment tax audits from the IRS, which can also be stressful and disruptive. The IRS may request payroll records, tax filings, contracts, and other documents to determine whether a business has properly met its tax obligations. If this happens to you, having experienced legal counsel can help ensure IRS communications are handled appropriately.
A tax attorney can assist businesses facing a variety of employment tax challenges. This may include responding to IRS notices, addressing payroll tax debt, representing taxpayers during audits, working through tax levies, seeking penalty relief where available, and advising on worker classification issues before they become costly disputes. In many cases, obtaining legal guidance early can help prevent a manageable problem from becoming a much larger one.
DC and Maryland Employment Tax Attorney
Employment tax issues can cause serious issues for small businesses. Whether it’s payroll tax debt, IRS notices, worker classification concerns, or an employment tax audit, obtaining experienced legal advice can help you understand your options and protect your interests.
Michael Lapidus represents both businesses and individuals throughout Washington, DC, and Maryland in a wide range of tax matters. With extensive experience handling IRS disputes, tax liens, offers in compromise, and more, Michael helps clients resolve tax issues efficiently and minimize unnecessary financial burdens.
Rest assured, you and your business will be in capable hands. Tax Attorney Michael Lapidus earned an LL.M. in taxation from Georgetown University Law Center and is a member of the bar in DC, Maryland, and Pennsylvania, and has considerable experience in representing taxpayers before the IRS and state tax authorities.
He has also worked in the international tax department of a large international accounting firm. Whether it’s IRS disputes, penalties, back taxes, small business withholding collections, or another tax-related collection issue, Michael Lapidus will work relentlessly to minimize your financial burden and protect your interests.
If you’re facing employment tax challenges, contact The Lapidus Law Firm at (202) 785-5111 to discuss your situation during a free, no-obligation consultation and learn how experienced tax counsel may be able to help.