Small-Business Tax Relief Lawyers
Small-business owners face many tough challenges. Taxes are among the most difficult. A small mistake, a late filing or failure to pay could put your entire business on the line.
Don't risk everything you've worked for by failing to file or make payment properly and on time.If you do make a mistake, seek the advice and representation of an attorney who understands the issues you are facing and who knows how to reach the best solution possible.
Since 1983, the Connecticut lawyers at The Law Offices of Neil Crane, LLC, have provided clients with knowledgeable advice about tax debt relief and other debt issues. We know the impact a tax debt can have on your bottom line and the future growth of your business. We will leverage every resource to help you resolve your small-business tax problems efficiently and effectively.
Start developing solutions to your tax problems today. Contact our firm online, or call us at 203-230-2233 or toll free at 888-249-3027 for a free initial consultation.
Common Types of Small-Business Tax Concerns
We can help you resolve any type of tax issue your small business is facing, including:
- Payroll tax: If you have employees and withhold payroll tax, you are required to remit that tax to the IRS. Failure to do so can result in a 100 percent penalty, doubling the tax debt you owe.
- Sales and use tax: If you sell, lease or rent goods, or if you provide certain services, you are required to pay sales tax, which is currently 6 percent in Connecticut. You need to pay this tax regardless of whether you collect it directly from your customers. We can help you understand sales and use taxes, how they affect your business, and what you can do to resolve issues with these types of taxes.
- Real estate and personal property: If you own property, you are required to pay property taxes to your local tax office. Additionally, as a small-business owner, you are required to declare and pay taxes on your personal property. This includes equipment, unregistered motor vehicles, furniture and other property.
- Business audits: An audit can be a frightening prospect for any business owner. Not only could you be facing penalties if the tax authority finds an error, the audit itself can take a significant amount of your time. We can advise you throughout the process, protect your rights and work to minimize the impact an audit will have on your business.
Handling Tax Penalties and Collections
If you fail to pay or file your taxes to the IRS, Connecticut Department of Revenue Services (DRS) or local tax authority, there will be consequences. First, penalties, interest and fees will be added to your outstanding tax balance. Next, the tax authority can take actions to collect on your tax debt. This may include levies, seizure of assets and liens on your business property.
At our firm, we can help you work to resolve your tax debt issues. In some cases, it may be possible to submit an offer in compromise or negotiate an installment agreement with the tax authority. In other cases, bankruptcy may provide you with the tools you need to get your debt under control. We will walk you through all of your legal options and help you formulate a plan to keep your business on the right track for future growth.
Contact Our Connecticut Attorneys About Tax Relief for Your Small Business
Whether you need advice or help getting relief from your tax burden, call us today at 203-230-2233 or toll free at 888-249-3027, or contact us online for a free initial consultation. We have office locations in Hamden, Bridgeport, Ridgefield, Waterbury and Rocky Hill.
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We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.