We counsel and assist business executives with IRS tax disputes, such as IRS tax indebtedness, missing IRS tax forms, audits, and penalties.
Regrettably, business executives are inclined to have late filed or missing tax returns. This is likely due to the special aspects of the work business executives perform. Business executives often work long and irregular hours. This keeps them from taking care of IRS problems, which includes timely filing IRS tax forms.
Business executives are also more likely to have outstanding tax indebtedness. This is also due to the special aspects of the work business executives perform. It is also due to the type of talent and training that business executives have. Business executives are intelligent and willing to fully research issues before making decisions. This may result in inaction when it comes to resolving outstanding tax indebtedness. Other business executives face the opposite problem, namely, they take a wait and see approach.
Business executives are also likely to be chosen for audit by the IRS. The IRS generally views business executives as being more likely to have significant tax problems. These significant tax problems also stem from the special aspects of the work business executives perform and their skills and training, but also from their tendency to prepare their own IRS tax forms or rely on lower-end tax preparers.
From a tax standpoint, right or wrong, business executives are defined by missing or late filed IRS tax forms, outstanding tax indebtedness, and IRS tax audits. There are a number of court cases and administrative rulings that demonstrate this. If you are a business executive, we can help you avoid or manage these issues.
We help business executives with missing or late filed IRS tax forms, outstanding tax indebtedness, and IRS tax audits. We would like to hear from you if you are a business executive and have one of these issues or are likely to have one of these issues in the future.
Please contact us to discuss your options today.