Business Tax Help & Representation by Lothamer
Lothamer helps large & small businesses and self-employed taxpayers resolve the tax debt problems that threaten their American Dream.
Business Tax Help: Your Professional to Resolve Tax Issues & Problems
As one of America’s oldest tax resolution firms, we’ve settled the most challenging tax problems since 1978.
Whether you’re a fresh-faced entrepreneur or a seasoned executive, locking horns with the IRS or state tax agencies can be excessively complicated and lengthy. But when sales are down, unexpected events occur, or personal setbacks happen, it can be extremely easy to put other bills and liabilities ahead of tax payments to keep the lights on. When this happens, one or two missed quarterly tax payments can quickly spiral into a year or more of back taxes. Other errors, such as filing mistakes, forgetting to mail a single form, or overlooking a single line, can draw the ire of the IRS, penalties, and compounding interest to follow.
If back payroll taxes, misclassification of workers, or other business tax issues are becoming financially unfeasible, you need a tax professional for audit defense and protection. The IRS is growing, and its ability to scrutinize business owners is becoming increasingly sophisticated. These tax-related anxiety pieces can be overwhelming, but professional assistance can provide the reassurance you need.
Introduction to Business Taxes
As a small business owner, understanding business taxes is crucial for the success and growth of your company. Business taxes can be complex, but with the proper guidance, you can easily navigate the process. Block Advisors’ tax pros can assist with business tax preparation and planning. A thorough tax savings analysis can help small business owners minimize their tax liability and maximize their profits. Business tax documents, including profit and loss statements, are essential for accurate tax filing and financial planning. Small business taxes can be overwhelming, but with the help of a local tax pro, you can ensure compliance and avoid penalties. Home tax expertise is also available for small business owners who prefer to work from the comfort of their own homes.
Types of Business Taxes
There are various types of business taxes, including income tax, payroll tax, and sales tax. Small business owners must understand the different taxes that apply to their business to ensure accurate filing and compliance. A Block Advisors accountant can help small business owners navigate the complex world of business taxes and identify the types of taxes that apply to their business. Software release dates vary, but most state software is available for e-file and tax return preparation. Block state program offers unlimited business returns and simple income reporting, making it an ideal choice for small business owners. E-file fees and file fees are minimal, and with the help of a Block Advisors tax pro, you can ensure accurate and compliant tax filing. Tax prep and state e-file are also available, providing small business owners a convenient and efficient way to file taxes.
How We Put Actions Behind Our Words
Business owners and self-employed taxpayers face particular challenges when resolving tax debt. But at Lothamer, we make getting back on the track easy and affordable.
Many business owners and entrepreneurs are reluctant to outsource aspects of their business, particularly those involving private financial matters. That’s why we’ve invested so much into our secure eResolution Client Portal. When you’re dealing with sensitive issues, such as a business partner with tax debt, misclassified workers, or fears that you might be audited, we can provide comprehensive help with expert discretion.
If an IRS Revenue Officer has visited your place of business or is placing levies on your bank accounts, your customers, your employees, or your business property, call Lothamer today. We will call the IRS on day one to immediately halt further collections, potentially saving your reputation and relationships with key clients and stakeholders.
We have the ability to ascertain some of the things the IRS knows about your business. We can find out what has been reported to the IRS as income, what years and payments are missing, and even discover if the IRS is considering an audit.
See the Tax Problems We Solve
We’re ready to answer your call and take immediate action to protect your business from the IRS and state tax agencies. We don’t wait around for the IRS—we take proactive steps to stop collection action against you in 24 hours. Whatever your tax problem, we’ve successfully helped business owners like you keep the doors open.
FAQs about Business Tax Help
If your business struggles with back taxes or payroll tax issues, it’s crucial to act quickly to find an answer. The longer these issues are left unresolved, the more severe the consequences, including penalties, interest, and potential audits. Lothamer Tax Resolution specializes in helping businesses address back taxes, misclassified workers, and payroll tax issues. Our experienced professionals can guide you through the resolution process, help negotiate with the IRS, and find the best path to resolve your tax debts efficiently.
The IRS has become increasingly sophisticated in scrutinizing businesses, especially regarding tax compliance. If your company is under IRS scrutiny, working with a tax professional who understands the ins and outs of tax laws is essential. A quick phone call to our team can give you the immediate support you need. Lothamer Tax Resolution has decades of experience handling IRS audits, back taxes, and other tax issues. We’ll work on your behalf to address the problems, ensure your rights are protected, and help you resolve any concerns the IRS may have.
Missing tax payments during tax season, even if just one or two quarterly payments, can quickly lead to back taxes and significant penalties. These missed payments can accumulate, drawing penalties, interest, and potentially more serious actions like wage garnishments or bank account freezes. At Lothamer, we understand how these issues can spiral out of control, so we offer fast, practical solutions to help businesses manage and resolve their back taxes and avoid long-term financial strain.
If your business faces IRS penalties and interest, seeking professional help to prevent these from escalating is critical. Lothamer Tax Resolution has been resolving tax issues for businesses since 1978, and our experts can help reduce or eliminate penalties and interest through negotiation, payment plans, or other tax resolution methods. We’ll carefully assess your situation and work with the IRS to find the most efficient way to resolve your business’s tax problems while minimizing financial penalties. Our services are available year-round, ensuring you can access expert support whenever needed.