Payroll Tax Reduction

Would you like to cut your payroll tax penalties in half?  Payroll tax penalties range from 2% to 15% depending on the lateness of the deposit.

There is a disturbing trend that is seen in the business community by the way of being overcharged for your payroll tax penalties.

It is important to calculate the lowest failure to deposit penalties, or commonly knows as payroll penalties using methods approved by the IRS.  Doing so can significantly reduce payroll tax penalties.

Request Recalculation

You have every right to challenge the penalty calculation the IRS imposes on your payroll taxes as failure to deposit penalties.  You may or may not be surprised to find out that in many cases the IRS has over charged the taxpayer.  It is a sad truth but many taxpayers and tax professionals do not know how to formally request a recalculation of the failure to deposit penalty on your payroll taxes.

Internal Revenue Code 6656(e)

Internal Revenue Code 6656(e) outlines the authority for designating deposits found in the 1998 IRS Reform and Restructuring bill.

Rev. Proc. 99-10    Release Date: January 11, 1999 provides guidance in respect to the failure-to-deposit penalty provisions of section 6656 of the Internal Revenue Code The revenue procedure explains how a taxpayer may designate the application of its federal tax deposits for a particular return period in order to minimize the failure-to-deposit penalty under section 6656 with respect to deposits required to be made after January 18, 1999. 

It is not uncommon to see penalties reduced substantially just by allowing Integrity Tax Resolution to request a recalculation based upon provisions in the Internal Revenue Code given to tax payers.

The Integrity Tax Resolution process and attention to detail set us apart.  We are Integrity Tax Resolution and will make sure to reduce your payroll tax penalties by using strategies given to taxpayers from our own Government.

Contact us for a free consultation
and immediate representation
1.800.945.1493