PFGTAX complaints.
PFGTAX aka: Phoenix Financial Group is the website for Phoenix Financial Group. PFGTAX is located at 520 Zang St in Broomfield, Colorado 80021. Their phone number is (888) 572-2179.
PFGTAX complaints with the IRS collection system are numerous. PFGTAX complaints that the hold times for the IRS' automated service are entirely too long. It should not take hours to get someone to assist you in resolving your back tax debt.
PFGTAX complaints that the penalties and interest on past due taxes are to high. Penalties are used by the IRS as a deterrent. However, most people in my opinion do not pay their taxes on time due to a financial hardship. The IRS is then punishing someone with enormous penalties that is already in financial distress. Penalties are particularly high for 941 tax debt. Three different types of penalties can accrue for this type of tax debt, Late filing, Federal Tax Deposit and Failure to Pay. The IRS can then charge interest on all of it.
A Late Filing penalty is charged for filing a tax return late. As a taxpayer it is always better to file a return even if you can't pay it on time. This will eliminate this penalty. The penalty accrues a 5% per month that a return is late maxing out at 25%.
Federal Tax Deposit penalties are charged when a Federal Tax Deposit is not made on time. In regards to a 941 tax, Federal Tax Deposits are for withholding, social security and medicare. They can be made at EFTPS.com. These penalties start at 2% but increase quickly to 10% after several days. Once the IRS sends a notice about the delinquency and it is not paid then the penalty goes up to 15%.
Failure to Pay penalties are charged for not paying tax that is due. It accuses at 1/2% per month. These penalties add up considerably over time.
PFGTAX complaints that IRS enforcement action can be overly intrusive. Fortunately our Enrolled Agents and Tax Attorneys know how to protect client's assets.
Wednesday, December 31, 2014
Wednesday, November 12, 2014
I'm behind with my 941s! Help!!
Falling behind with 941 Employer Withholding Taxes can be scary. The IRS has lots of power to collect past due taxes particularly when it comes to 941 taxes.
The taxes associated with 941s are deemed to be "Trust Fund" Taxes. This means that a business is supposed to hold the taxes in Trust for the Federal Government. It also means that the IRS can pierce the corporate veil and hold the owners, officers, and check signers personally responsible for the taxes.
The "Trust Fund" portion of the 941 tax debt is made up of the employee's portion of Social Security and Medicare and the employee's withholding for Income Tax. The Trust Fund does not include penalties and interest nor the employer's contribution to Social Security and Medicare.
An investigation needs to be conducted before the IRS can hold someone personally responsible for the Trust Fund portion of the 941 taxes. The IRS will look at anyone who has the authority to sign checks. They will ask for canceled checks and a copy of the bank signature card. They will also due an interview with anyone that has the authority to sign checks and any owner or officer. This interview is a person's chance to exonerate themselves from responsibility.
There are options in this situation. The Tax Attorneys and Enrolled Agents at Phoenix Financial Group can assist you in dealing with your 941 tax problems including how to get a favorable result when dealing with the Trust Fund. Don't compound your problems by not getting professional help. Call (888) 572-2179 for a free consultation or send an email to info@pfgtax.com.
The longer you wait the more likely the IRS is to proceed with enforced collection action like wage garnishments, bank levies, liens and seizures. PFGTAX can help you prevent these types of actions and get back on your feet.
941 taxes need to be paid by going to www.eftps.com. You will need to schedule a payment a day in advance. If you would rather have a payroll service, our client's get a discount with ADP.
(888) 572-1279 is the number to call for professional tax representation. Check us out on at the BBB where we have an A+ Rating.
The taxes associated with 941s are deemed to be "Trust Fund" Taxes. This means that a business is supposed to hold the taxes in Trust for the Federal Government. It also means that the IRS can pierce the corporate veil and hold the owners, officers, and check signers personally responsible for the taxes.
The "Trust Fund" portion of the 941 tax debt is made up of the employee's portion of Social Security and Medicare and the employee's withholding for Income Tax. The Trust Fund does not include penalties and interest nor the employer's contribution to Social Security and Medicare.
An investigation needs to be conducted before the IRS can hold someone personally responsible for the Trust Fund portion of the 941 taxes. The IRS will look at anyone who has the authority to sign checks. They will ask for canceled checks and a copy of the bank signature card. They will also due an interview with anyone that has the authority to sign checks and any owner or officer. This interview is a person's chance to exonerate themselves from responsibility.
There are options in this situation. The Tax Attorneys and Enrolled Agents at Phoenix Financial Group can assist you in dealing with your 941 tax problems including how to get a favorable result when dealing with the Trust Fund. Don't compound your problems by not getting professional help. Call (888) 572-2179 for a free consultation or send an email to info@pfgtax.com.
The longer you wait the more likely the IRS is to proceed with enforced collection action like wage garnishments, bank levies, liens and seizures. PFGTAX can help you prevent these types of actions and get back on your feet.
941 taxes need to be paid by going to www.eftps.com. You will need to schedule a payment a day in advance. If you would rather have a payroll service, our client's get a discount with ADP.
(888) 572-1279 is the number to call for professional tax representation. Check us out on at the BBB where we have an A+ Rating.
Wednesday, November 5, 2014
PFGTAX has been calling my business. Can they help me?
PFGTAX is the web site for Phoenix Financial Group. PFGTAX helps businesses with their tax problems. Most of their client's owe the IRS 941 taxes or Employer's Quarterly Withholding Taxes.
941s are a quarterly tax return used to reconcile all of a business' employment taxes. 941's are paid either monthly or semi-weekly for the most part. Businesses with very small payrolls may be able to pay the tax when they file their returns. 941s should be paid using www.eftps.com. The payments are called Federal Tax Deposits or FTDs for short.
941s are a type of Trust Fund tax. The term Trust Fund is used as the business is supposed to hold an employee's withholding, Social Security, and Medicare in Trust for the Federal Government.
PFGTAX helps businesses that have fallen behind with their 941 taxes. PFGTAX can help you if you owe, 940 Unemployment Tax, 1120 Corporate Income Tax or 1040 Personal Income Tax as well.
How do they help?
The primary concern for every new client is to make sure that they are not subject to enforcement action by the IRS. Enforcement Action could be bank levies, accounts receivable levies, wage garnishments, liens, and ultimately seizure of assets. PFGTAX's tax professionals include Enrolled Agents (EAs) and tax attorneys. They know how to get a business or individual protected from enforcement action. They can get Appeals Officers, Managers and the Taxpayer Advocate involved if needed.
PFGTAX has a A+ rating with the Better Business Bureau.
The next step in resolving a client's case is to get them into compliance so they stop accruing new taxes. We have contacts with ADP where our client's get a discount on payroll tax services. The IRS Revenue Officers like to see a business get a payroll service to help insure compliance.
Once a business is in compliance we submit a proposal to the IRS consistent with a business' ability to pay. It is not in anyone's interest to set a business up on an agreement that is too aggressive and bound to fail.
Once an agreement is reached. We can submit a penalty abatement request in an attempt to get any penalties that have accrued removed or reduced.
PFGTAX can be reached at (888) 572-2179 or info@pfgtax.com. PFGTAX's address is:
520 Zang St #211
Broomfield, CO 80021
941s are a quarterly tax return used to reconcile all of a business' employment taxes. 941's are paid either monthly or semi-weekly for the most part. Businesses with very small payrolls may be able to pay the tax when they file their returns. 941s should be paid using www.eftps.com. The payments are called Federal Tax Deposits or FTDs for short.
941s are a type of Trust Fund tax. The term Trust Fund is used as the business is supposed to hold an employee's withholding, Social Security, and Medicare in Trust for the Federal Government.
PFGTAX helps businesses that have fallen behind with their 941 taxes. PFGTAX can help you if you owe, 940 Unemployment Tax, 1120 Corporate Income Tax or 1040 Personal Income Tax as well.
How do they help?
The primary concern for every new client is to make sure that they are not subject to enforcement action by the IRS. Enforcement Action could be bank levies, accounts receivable levies, wage garnishments, liens, and ultimately seizure of assets. PFGTAX's tax professionals include Enrolled Agents (EAs) and tax attorneys. They know how to get a business or individual protected from enforcement action. They can get Appeals Officers, Managers and the Taxpayer Advocate involved if needed.
PFGTAX has a A+ rating with the Better Business Bureau.
The next step in resolving a client's case is to get them into compliance so they stop accruing new taxes. We have contacts with ADP where our client's get a discount on payroll tax services. The IRS Revenue Officers like to see a business get a payroll service to help insure compliance.
Once a business is in compliance we submit a proposal to the IRS consistent with a business' ability to pay. It is not in anyone's interest to set a business up on an agreement that is too aggressive and bound to fail.
Once an agreement is reached. We can submit a penalty abatement request in an attempt to get any penalties that have accrued removed or reduced.
PFGTAX can be reached at (888) 572-2179 or info@pfgtax.com. PFGTAX's address is:
520 Zang St #211
Broomfield, CO 80021
Tuesday, October 28, 2014
PFGTAX called me! Can they help me? This is a review of PFGTAX's services.
PFGTAX is the website for Phoenix Financial Group, a tax resolution company in Broomfield, Colorado. They help businesses with their 941 taxes and individuals with their 1040 taxes.
You can call them for a free consultation at (888) 572-2179 or email them at info@pfgtax.com.
Once you hire them, they will assign your case to a tax attorney or enrolled agent who specializes in dealing with the collection division of the IRS. They will guide you through the process of getting you back into compliance and get you the best resolution possible. Protecting their client's assets is a top priority. Bank and accounts receivable levies can be devastating and actually force a business to close. The tax attorneys and enrolled agents know how to get you protected. Ask us about ADP to get a discount on payroll services. Wage garnishments can make life impossible. Our tax attorneys and enrolled agents know how to prevent them and get them released. PFGTAX can protect your rights.
Phoenix Financial Group has helped thousands of taxpayers resolve their past do tax debts. Our goal is to protect your assets and save you money. We can help you get an Offer in Compromise if you qualify or a penalty abatement.
If you are getting scary or threatening letters in the mail from the IRS, now is the time to seek professional help. Let a licensed tax expert help you and/or your business. The longer you wait, the more aggressive the IRS will become and the less rights you will have as a taxpayer. It is important ot get in front of your tax issue before it becomes a real threat to the business you have worked so hard to create or to your personal income and the assets you have spent years acquiring.
PFGTAX can help taxpayers nationwide. We have clients in all 50 states.
We can also help you with your State Tax Issues. Is the Department of Revenue giving you a hard time? Let the tax pros at PFGTAX help.
There are lots of resolution options available to you. Let Phoenix Financial Group get you the option that best fits your needs and budget. Don't let the IRS trample your rights and force you into an arrangement that you can't afford. Get back to doing what you need to do to make money, let Phoenix Financial handle all of the contact with the IRS.
We have helped all kinds of businesses just like yours. We have helped construction companies, trucking companies (including companies that owe 2290 Highway Use Tax), restaurants, day cares and more. Do you have a retail store? We can assist you in resolving your tax debt (including Sales Tax). Do you have a small sole proprietorship? We can help you with your 1040 tax debt that accrued from your Schedule C.
Give us a call at (888) 572-2179 or visit us at www.pfgtax.com
Monday, October 13, 2014
Why is Phoenix Financial Group Review calling by business?
Phoenix Financial Group is a tax resolution company in Broomfield, CO. They assist businesses and individuals resolve their past due tax debts. They are staffed with Tax Attorneys and Enrolled Agents who specialize in resolving past due tax debts.
They are well versed in all tax law surrounding IRS Collections including the IRS' new Fresh Start Program. In addition to saving client's money through penalty abatements and Offers in Compromise, they help their client's protect their assets from Levy and Seizure.
Client's often have complaints about the IRS. The IRS can trample your rights if you don't have representation. Taxpayer's complain that their penalties are too high. Or they complain that the IRS has levied their bank account. The Attorneys and Enrolled Agents at Phoenix Financial Group can assist you in resolving your past due tax balances. We will review your financials and guide you to the best possible tax resolution.
Call Phoenix Financial Group at (888) 572-2179 for a review of their services.
They are well versed in all tax law surrounding IRS Collections including the IRS' new Fresh Start Program. In addition to saving client's money through penalty abatements and Offers in Compromise, they help their client's protect their assets from Levy and Seizure.
Client's often have complaints about the IRS. The IRS can trample your rights if you don't have representation. Taxpayer's complain that their penalties are too high. Or they complain that the IRS has levied their bank account. The Attorneys and Enrolled Agents at Phoenix Financial Group can assist you in resolving your past due tax balances. We will review your financials and guide you to the best possible tax resolution.
Call Phoenix Financial Group at (888) 572-2179 for a review of their services.
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