When it comes to owning a business, there are tax liabilities that you must be aware of. From starting your business to operation and sale of the company, there are things you need to know in order to avoid tax liability issues. With Notinger Law by your side, you will have attorneys with experience in business tax law, able to assist when tax liability litigation arises. Tax disputes commonly occur regarding employment tax, sales tax or other corporate tax liability issues.
By having access to quality legal advice and defense options, you have the ability to fight any litigation that presents itself. Guidance is needed in the legal realm so that you know what you need to do to see a positive outcome in your case. Most business owners have some understanding of tax liabilities but when it comes to legal proceedings, have no clue where to begin or what to do. With our help, any tax issue you face will be tackled head-on with your best interest at the forefront.
Employment Tax Liability
With your business, there is the potential to see an issue with employment tax liability. Businesses that offer seasonal employment, contract workers or immigrant workers can experience tax issues. When such problems occur, we can help guide you to avoiding any heavy fines or tax assessments.
Business Purchase or Sale
There are always tax issues that arise on the sale of a business.
Sales Tax Problems
Another common area where issues can occur involving tax liability is sales tax. When you own a business and offer products or services, you must collect and remit sales tax. With online sales becoming more and more popular, additional challenges to businesses have arisen when it comes to sales tax. When you fail to pay the proper percentage of sales tax or you do not remit in a timely fashion, you can then face expensive issues with taxing authorities of your state. When sales tax issues arise, contact our office to see what your options are. We can review your business information and come up with a quality plan to see a positive outcome for your business.
Taxes can be confusing as an individual but particularly harrowing when you own a business. Whether you are a new business owner or seasoned entrepreneur, it is important to learn as much as you can about tax liability to ensure you make the right decision when it comes to business operations. If you face tax liability litigation in the future or present, we are happy to assist you with reviewing your case. By looking at the tax issues your business is facing, we can come up with a solid plan of defense to fight for a positive outcome.