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Monday, November 3, 2014

Phoenix Financial Group (PFGTAX) can help save your business.

Phoenix Financial Group (PFGTAX) can help save your business if you owe money to the IRS.

Does your business owe 941 taxes? PFGTAX has helped thousands of businesses successfully resolve their past due tax balances with the IRS. The IRS does not take it lightly when a business owes 941 Quarterly Withholding Taxes. This type of tax is a Trust Fund Tax meaning the business was supposed to hold this money in trust and remit it to the Internal Revenue Service. 941 taxes represent the taxes that were supposed to be withheld from an employee's paycheck as well as the employer's contribution to social security and medicare.

How do businesses fall behind with 941s?  Typically the businesses that fall behind are not run by criminals or tax cheats but individuals that have fallen on hard times and only have enough money to pay their employee's net wages and not the full amount of their gross wages. It takes the IRS months to catch up to these businesses and in many instances the businesses have rung up a huge debt before the IRS has done anything about it. Business owners pay their operating expenses ahead of their taxes because they are a more immediate need. When the IRS does catch up with them, the consequences can be dire.

The IRS has substantial power to collect past due taxes. They can file returns for you if you don't do it yourself (at the highest rate possible). They can levy bank accounts and accounts receivable. They can garnish wages. And ultimately they can seize assets.

What can you do about it?  You have rights. You don't have to fall victim to the IRS' enforced collection tactics. The enrolled agents and tax attorneys at Phoenix Financial Group specialize in dealing with the collections division of the IRS. They know your rights as a taxpayer. They can help you protect the business you have worked years to build.

Would you build your own car? Cut your own hair? Dig your own ditch? Do your own heart surgery? Do your own root canal?

NO

So why would you negotiate your own tax settlement. Let a professional handle it for you so you can focus on your own business. Do what you are good at and we will do what we are good at!!  We're good at resolving tax debts and protecting businesses from the IRS.

Phoenix Financial Group's phone number is (888) 572-2179. Give them a call for a free consultation. Send an email to info@pfgtax.com.

They are headquartered at 520 Zang St  Broomfield, CO 80021. But they can help client's nationwide.