IRS Business Levies
What to Expect and How to Deal with it.
So you have done the unthinkable, the
unforgivable. You, a smart business owner, of all people. You
used the bankers of last resort, the Government and your employees.
You didn't file your employment tax reports
(941/940/State Unemployment/State Sales Tax/State Income Tax) or you didn't
pay them or maybe didn't do either one. Dead Meat. Corpse in a
Suit. At least I know you must have a death-wish.
DO YOU THINK THESE PEOPLE NEVER TALK TO EACH OTHER? Believe me they
do. You filed the unemployment report with the State? Better
file and pay that 941 and 940 also. Filing one and not the other is
how they find out. A fly on the wall of an IRS cubical might hear...
"Hey Bob, did XYZ Co. give you
an unemployment report last quarter? Uh huh, yep, yeah.
Who's their bank again? Did your check clear? What was the
date of the last payroll? Ok. I'll nail 'em before next
payday. Thanks Guy...Right back at ya, keep ya posted. We'll
get rich on this one."
Do you get the idea? Don't risk
it. Here's how it will go.
The IRS shows up at your door in the
morning. First an interview to talk. Right. IRS AGENTS DO
NOT COME AROUND TO TALK. They are sizing up the place, counting
employees, traffic, getting license numbers in the parking lot, noting who
your customers are and DETERMINING THE FASTEST WAY TO PUT YOU OUT OF
BUSINESS. That is the real mission. Guess what? After he
puts the nails in your business coffin, you still owe the tax, or most of
it. He comes after YOU next.
DO NOT LET THIS HAPPEN TO YOU, YOUR FAMILY,
YOUR EMPLOYEES AND YOUR LIVELIHOOD.
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