Business tax debt such as sales and payroll tax generally has to be paid in full after filing. However, interest and penalties stop accruing and you can have up to five years to pay the amounts owed. Under an installment agreement plan with the IRS or State, if you miss a payment, it will generally default or void the agreement. A major advantage to playing through a Chapter 13 case is that if you miss a payment or two, there is no automatic default and you will be afforded time get caught back up. If you are in business, this can be a big advantage as your cash flow changes from month to month.
Anyone who lives in Savannah, Hinesville, or Pooler GA (or any other U.S. city), and owns a business or works in a business is required to file an income tax return each year. Business taxes fall into these groups:
If you are self-employed in Savannah, Hinesville, or Pooler GA, or if you work for a self-employed and have run into problems with any business tax, contact us. We are well experienced with the complications of the laws that govern business tax in the state. In some instances, these complications may threaten an employer or employee with bankruptcy. If you are struggling with overwhelming debt from whatever cause or if you feel that you have been unfairly charged with any of the rules that govern these business taxes, call us now. John E. Pytte has expertise in all areas involving bankruptcy discharge, debt relief, business and personal tax, and more. We serve Savannah, Hinesville, Pooler GA, and the surrounding area.
Start to take back control over your finances and your life with a free lawyer consultation today in Savannah or Hinesville, GA. We have flexible appointment scheduling and are committed to making this process as uncomplicated as possible. Most everyone may pay taxes, but they should not be allowed to run your life. Call us today and take that first step.