What Businesses Need to Know About Employment and Payroll Tax Problems in Oklahoma

You had a plan the day that you opened your business. You had plans to succeed and to take care of yourself, your employees, and your customers or clients. You’ve done your best to build the business you envisioned. However, things may not have been easy. You may have trusted the wrong people to help you run your business, or cash flow may have become more challenging than you expected. Now you are faced with the serious problem of owing employment or payroll taxes in Oklahoma.

Now Is the Time to Protect Your Oklahoma Business

If you ignore your employment or payroll tax problems in Oklahoma, then you may lose your business. Accordingly, it is important to take proactive steps to protect your business. Specifically, you should:

  • Expect the federal Internal Revenue Service (IRS) and/or the Oklahoma Tax Commission (OTC) to come after you as a high-priority debtor. The agencies will likely be aggressive in their attempts to collect back taxes from you.
  • Know exactly what the problem is and have a plan of action. You should know the value of your employment or payroll tax problems in Oklahoma so that you can begin developing a plan to get out of trouble. It may be useful to work with a team of professionals such as a Norman tax lawyer, an experienced accountant, and the chief financial officer of your business to figure out how you are going to pay your tax debts.
  • Let an Oklahoma tax lawyer talk for you. Your lawyer can help protect your rights and prevent you from making a costly mistake.

If you fail to take action, then you should know that you could lose your business and face other significant penalties.

Call a Norman Tax Attorney Today for Help

You don’t have to be alone when it comes to resolving payroll tax problems in Oklahoma. Instead, we encourage you to contact an experienced Oklahoma tax lawyer today at 800-721-7054 and to read a FREE copy of our book, The Ultimate Survival Guide for IRS Problems, to learn more.