Business Tax Resolution
BOSTON, MA
Boston area business owners can rely on our team of licensed business tax attorneys and CPAs to keep their business healthy and compliant
Are tax problems disrupting your business or jeopardizing its well-being? Left unresolved, business tax problems do have the potential to cripple a business beyond recovery. IRS audits, penalties, interest charges, and levies can all take their toll on the ability of a Boston area small business to keep operating.
Whether you're self employed or you operate a small business, business tax problems need to be resolved—and the sooner you pursue business tax help, the better. If you're looking for business tax help in the Boston area, call Boston Pure Tax Resolution. Our internal team of highly qualified business tax attorneys, CPAs, and enrolled agents have the expertise and practical experience to help you overcome business tax problems, IRS penalties, and government actions against your business.
Common Causes of Business Tax Problems
IRS Audits - Inconsistencies in a tax filing or bookkeeping errors for any business will raise a red flag with the IRS and will typically result in an audit. The nature or severity of the audit depends on how egregious the tax return errors are, but either way, any business audit needs the proper attention to resolve, and prevent moving forward. Our team of IRS audit attorneys and CPAs that work with businesses to settle IRS audits, and prevent them down the road.
Misfiled or Delinquent Tax Returns - Sometimes a business' tax filing can fall by the wayside, whether late or a complete lack of filing. Not filing, or filing late will always result in penalties by the IRS, which our team of business tax experts rectify for our business clients.
Payroll Tax Debt - Payroll tax debt results from payroll taxes not being paid sufficiently through W-2 employees. If your payroll tax withdrawals aren't setup properly or neglected, the IRS will target your business with penalties, interest, and in extreme cases, liens and levies against your assets. Payroll tax debt relief is available for any local business facing payroll tax problems in the Boston area.
Worker Classification Errors - Is when your workers aren't properly classified in your payroll. There are strict guidelines that determine if a worker is W2 or 1099, and failure to properly classify your employees will result in audits and penalties from the IRS.
Overstated Business Deductions - It's common for any business to try and squeeze as much expense deductions they can, however when you "fly too close to the sun" with tax deductions, the IRS may red flag your return and ask that you substantiate the deductions by providing additional documentation. Illegitimate tax deductions are a serious issue with the IRS, and will result in heavy penalties if they are identified.


