Effective IRS Representation for Businesses Explained

Steve Perry

Published on: 05/07/2025

- Businesses face complex tax compliance challenges, including payroll tax issues, IRS audits, and corporate tax filings. - Payroll tax problems involve strict IRS rules on withholding and timely deposits; failure may result in severe penalties and personal liability. Businesses should avoid mixing payroll funds with operating funds and work with enrolled agents (EAs) to negotiate payments. - IRS audits arise from filing discrepancies or random selection; maintaining detailed records and using an EA representative, such as Steve Perry, ensures proper handling and communication with the IRS. - Corporate tax filings are complicated by factors like depreciation and R&D expenses; errors can lead to penalties. Accurate, timely filings and internal audits help maintain compliance. - Enrolled Agents like Steve Perry play a key role by negotiating settlements, representing businesses in audits, and offering tax planning to improve efficiency and reduce risks. - Professional tax representation safeguards businesses from financial and legal issues, enabling confident navigation of IRS matters through expert assistance and thorough record-keeping.

Tax education articles and IRS representation advice for individuals and small businesses

Common IRS Problems for Taxpayers and How an Enrolled Agent Can Help

Steve Perry

Published on: 04/07/2025

- Taxpayers often face stressful IRS issues like unpaid taxes, audits, failure to file, liens, errors, identity theft, and payroll tax problems. - Enrolled Agents (EAs) help by negotiating payment plans, penalty abatements, and Offers in Compromise for tax debts. - During audits, EAs represent clients, review documentation, and strategize to minimize liabilities. - For unfiled returns, EAs assist with accurate filings, penalty reductions, and stopping collections. - They work to remove liens and levies, protect assets, and establish hardship exemptions. - EAs correct errors by amending returns and advise on proper record-keeping. - In cases of identity theft, they help report fraud, secure records, and obtain IRS protective measures. - For business payroll tax issues, EAs review filings, resolve disputes, and improve payroll compliance. - Overall, EAs advocate for taxpayers to achieve the best outcomes and provide essential support when dealing with the IRS.

Tax education articles and IRS representation advice for individuals and small businesses

Understanding IRS Form 668-Y: How Steve Perry, EA Can Help You Navigate Federal Tax Liens

Steve Perry

Published on: 04/07/2025

IRS Form 668-Y, Notice of Federal Tax Lien, alerts taxpayers that the IRS has legally claimed their property due to unpaid tax debt. This public notice can harm credit, restrict financial flexibility, and jeopardize property ownership or transactions. Ignoring it can lead to wage garnishment or asset seizure. Steve Perry, EA, of Books Taxes & More, provides expert assistance in managing and resolving federal tax liens. As a federally licensed Enrolled Agent, he carefully reviews IRS records, ensures proper filing procedures were followed, and helps taxpayers request Collection Due Process hearings if eligible. Steve tailors resolution strategies to fit each client’s situation, exploring options such as Installment Agreements, Offers in Compromise, and lien withdrawal or subordination. He represents clients throughout the IRS process, advocating for favorable outcomes and peace of mind.

Tax education articles and IRS representation advice for individuals and small businesses

IRS Workforce Cuts and Tax Enforcement: A Changing Landscape

Steve Perry

Published on: 03/07/2025

- The IRS announced a 2025 workforce reduction of about 7,000 employees (8% of staff), amid ongoing tax return backlogs and complex regulations. - These cuts raise concerns about delayed refunds, reduced customer service, and diminished enforcement due to fewer auditors and investigators. - The IRS plans deeper reductions, potentially halving its 90,000-person workforce through layoffs and reassignments, risking weaker tax law enforcement. - Enforcement is expected to rely more on automation and AI for audit selection, though these tools cannot fully replace skilled human audits, especially for complex cases. - The IRS aims to adapt by expanding AI and data analytics, increasing self-service options, and focusing on specialized hiring and training. - These changes risk short-term savings but may harm long-term compliance and taxpayer support. - Professional representation will become increasingly crucial to navigate audits and IRS interactions effectively. - Service providers like Books, Taxes & More, LLC, emphasize personalized assistance amid these shifts and recommend taxpayers seek expert help rather than relying solely on automated IRS services.

Tax education articles and IRS representation advice for individuals and small businesses