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
