BUFFALO, NY, July 17, 2012 /24-7PressRelease/ -- A Buffalo, NY based company encountered major payroll tax problems earlier this year, resulting in a difficult situation with the Internal Revenue Service.
A representative from the company stated that "their tax situation was a confusing one," and that "it had become a burden."
The company then hired Buffalo IRS tax attorney William Winspear to handle their case. Winspear recently opened his own law practice after years of working with a prominent tax law firm and 17 years as an IRS revenue officer.
Winspear acted quickly and worked closely with the Department of Treasury and resolved all the company's issues within a short period of time.
The IRS uses enforced collection when it deals with unpaid payroll taxes and/or unfilled company payroll returns. Enforced Collection can mean a levy on business assets like accounts receivable, equipment, company vehicles and bank accounts. In many cases, enforced collection action can cause the business to shut down.
If the business closes the IRS will come after the business owner for collection of taxes and any penalties and interest still owed. If the company is a corporation, the IRS will go after the person who is responsible for the payroll taxes to try to collect the trust funds. This is also known as the Trust Fund Recovery Penalty.
When ask if his 17 years working at the IRS gives him an advantage in defending people before the IRS Winspear says "Yes It definitely does, having worked at the IRS for so long really helps me anticipate where the IRS will stand on certain tax matters and what their approach to any particular case will be. It also helps me formulate the best defense and strategy for my clients".
William Winspear is a former IRS Revenue Officer and founder of Winspear Law Group, PLLC is a law firm dedicated to handling cases concerning IRS and New York State tax controversies such as audit strategies and defenses, offer in compromises, tax bankruptcies, notices of levy & notices of lien, IRS & NY State tax appeals, tax court, innocent & injured spouse relief, responsible person assessment defense, trust fund recovery penalty, foreign bank account reporting and more.
For a free initial consultation on your tax matter, call (716) 803-8770 or visit http://www.winspearlawgroup.com for more information.
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