Business Tax Debts- Why REPRESENTATION IS ESSENTIAL
When it comes to examinations and collections enforcement, IRS and State Tax Agents often request information and documents that passively seek to ‘pierce the corporate veil’ that distinctly separates the underlying owner from the liabilities of a business entity. Owners that unwittingly comply with their requests are providing voluntary disclosure into their separate personal finances that would otherwise be outside of scope without establishing reasonable cause.
Their aim is to evoke the tax and revenue codes that permit a determination that attaches liability for the entity’s tax debts to its owners under qualified circumstances. Without representation, owners, officers, and other employees acting in specific capacities within the business are vulnerable to this silent agenda. With Harris Tax and Financial Solutions as your designated representative, we take over all direct communication with the IRS and State tax agents which ensures you receive protection and strategic guidance that seeks to preserve the separation of liability.