Thursday, December 11, 2008

IRS Mellows in Response to Recession - re: 941s

To echo my posting in November, if you have a business that owes 941s and you want to keep operating: your emphasis should be on STAYING CURRENT over paying the BACK TAXES.

On one recent case, a Revenue Officer placed our business client in "BUSINESS NON-COLLECTIBLE." As long as our client stayed current on 941 deposits and filing, she would NOT collect the back taxes. This seems to be a shift for the IRS in response to the RECESSION. A welcome change in policy for sure.

1 comments:

Mberenis said...

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