{"id":277,"date":"2022-08-17T03:27:05","date_gmt":"2022-08-17T03:27:05","guid":{"rendered":"https:\/\/resolveyourtaxes.com\/?page_id=277"},"modified":"2022-09-02T15:51:16","modified_gmt":"2022-09-02T15:51:16","slug":"business-taxes-penalties","status":"publish","type":"page","link":"https:\/\/resolveyourtaxes.com\/?page_id=277","title":{"rendered":"Penalties"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"277\" class=\"elementor elementor-277\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1541b66f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1541b66f\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6df5b513\" data-id=\"6df5b513\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3e2c3d88 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3e2c3d88\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7365d476\" data-id=\"7365d476\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7290977f elementor-widget elementor-widget-heading\" data-id=\"7290977f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Business Taxes: Penalties<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-8035ff4\" data-id=\"8035ff4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2a5fdcba elementor-widget elementor-widget-image\" data-id=\"2a5fdcba\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/resolveyourtaxes.com\/wp-content\/uploads\/2022\/08\/stressed-business-owner-1024x683.jpg\" class=\"attachment-large size-large wp-image-182\" alt=\"\" srcset=\"https:\/\/resolveyourtaxes.com\/wp-content\/uploads\/2022\/08\/stressed-business-owner-1024x683.jpg 1024w, https:\/\/resolveyourtaxes.com\/wp-content\/uploads\/2022\/08\/stressed-business-owner-300x200.jpg 300w, https:\/\/resolveyourtaxes.com\/wp-content\/uploads\/2022\/08\/stressed-business-owner-768x512.jpg 768w, https:\/\/resolveyourtaxes.com\/wp-content\/uploads\/2022\/08\/stressed-business-owner-1536x1024.jpg 1536w, https:\/\/resolveyourtaxes.com\/wp-content\/uploads\/2022\/08\/stressed-business-owner-2048x1365.jpg 2048w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f527051 elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f527051\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-16313741\" data-id=\"16313741\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-76e411b elementor-widget elementor-widget-global elementor-global-753 elementor-widget-heading\" data-id=\"76e411b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">All Business Tax Issues<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c60d879 elementor-nav-menu__align-center elementor-nav-menu--dropdown-none elementor-widget elementor-widget-global elementor-global-750 elementor-widget-nav-menu\" data-id=\"c60d879\" data-element_type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;fas fa-caret-down&quot;,&quot;library&quot;:&quot;fa-solid&quot;}}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav migration_allowed=\"1\" migrated=\"0\" role=\"navigation\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-none\">\n\t\t\t\t<ul id=\"menu-1-c60d879\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1257\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=1251\" class=\"elementor-item\">Business Audit<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-260\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=255\" class=\"elementor-item\">Levy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-285\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=274\" class=\"elementor-item\">Lien<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-301\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=299\" class=\"elementor-item\">Payroll Tax Problems<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-288\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=277\" class=\"elementor-item\">Penalties<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-298\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=281\" class=\"elementor-item\">Sales Tax Problems<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open eicon-menu-bar\"><\/i><i aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close eicon-close\"><\/i>\t\t\t<span class=\"elementor-screen-only\">Menu<\/span>\n\t\t<\/div>\n\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" role=\"navigation\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-c60d879\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-1257\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=1251\" class=\"elementor-item\" tabindex=\"-1\">Business Audit<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-260\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=255\" class=\"elementor-item\" tabindex=\"-1\">Levy<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-285\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=274\" class=\"elementor-item\" tabindex=\"-1\">Lien<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-301\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=299\" class=\"elementor-item\" tabindex=\"-1\">Payroll Tax Problems<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-288\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=277\" class=\"elementor-item\" tabindex=\"-1\">Penalties<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-298\"><a href=\"https:\/\/resolveyourtaxes.com\/?page_id=281\" class=\"elementor-item\" tabindex=\"-1\">Sales Tax Problems<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b03b9e8 elementor-align-center elementor-widget elementor-widget-global elementor-global-661 elementor-widget-button\" data-id=\"b03b9e8\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/resolveyourtaxes.com\/?page_id=522\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Free Consultation<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-11655f2c\" data-id=\"11655f2c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73a3125 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-global elementor-global-705 elementor-widget-table-of-contents\" data-id=\"73a3125\" data-element_type=\"widget\" data-settings=\"{&quot;exclude_headings_by_selector&quot;:&quot;h1&quot;,&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;,&quot;h4&quot;,&quot;h5&quot;,&quot;h6&quot;],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tPenalties: Contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\"><i class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\"><i class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t<div class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1fb1e69a elementor-widget elementor-widget-heading\" data-id=\"1fb1e69a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Penalties<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-19461c57 elementor-widget elementor-widget-text-editor\" data-id=\"19461c57\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Interest and penalties accrue in connection with most tax debt and can end up being an overwhelming burden on you that seems insurmountable.\u00a0 Penalties for failing to file and pay your payroll taxes are one common reason that small businesses fail and are forced to close.\u00a0 The IRS can hit you with payroll tax penalties of 33% within 16 days.\u00a0 That mean you owe 33% MORE to the IRS within two weeks!\u00a0 And, the IRS tacks on interest ON TOP of the penalties.\u00a0 It is not uncommon that a payroll tax liability DOUBLES within months.\u00a0 It is very important that you resolve your payroll tax issues with the IRS QUICKLY or risk getting too deep in IRS debt and having the IRS shut down your business.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59de62a3 elementor-widget elementor-widget-heading\" data-id=\"59de62a3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Penalty Reduction<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-23f3b07c elementor-widget elementor-widget-text-editor\" data-id=\"23f3b07c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Our team of tax professionals understands how to deal with the tax authorities and help prepare your paperwork to reduce, or even eliminate, the penalties and interest in connection with tax debt.\u00a0 In certain situations, and with proper representation, the IRS may forgive certain penalties imposed for late filing, late payment, or other non-compliance.\u00a0 Our team evaluates your situation to determine whether your situation qualifies for certain penalty abatement programs and negotiates on your behalf to qualify you for these programs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6ba28196 elementor-widget elementor-widget-heading\" data-id=\"6ba28196\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">First Time Penalty Abatement<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5320b7e7 elementor-widget elementor-widget-text-editor\" data-id=\"5320b7e7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>There is also a program for \u201cFirst Time Penalty Abatement\u201d, in which the IRS will eliminate some or all penalties if your business has paid and filed its taxes on time for the past three years but still owes back taxes.\u00a0 Our team of tax experts understands what situations will qualify for these programs and can help you to file the necessary paperwork.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>All Business Tax Issues Free Consultation Penalties Interest and penalties accrue in connection with most tax debt and can end up being an overwhelming burden on you that seems insurmountable.\u00a0 Penalties for failing to file and pay your payroll taxes are one common reason that small businesses fail and are forced to close.\u00a0 The IRS [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":152,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"footnotes":""},"class_list":["post-277","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/pages\/277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=277"}],"version-history":[{"count":32,"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/pages\/277\/revisions"}],"predecessor-version":[{"id":1434,"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/pages\/277\/revisions\/1434"}],"up":[{"embeddable":true,"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=\/wp\/v2\/pages\/152"}],"wp:attachment":[{"href":"https:\/\/resolveyourtaxes.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}