Episode Summary:
In this informative episode, host Abigail Vaca and tax attorney Juda Gabaie of Gabaie & Associates LLC discuss the critical aspects of payroll taxes, common problems businesses face, and solutions for tax issues. Juda shares expert insights on preventing payroll tax problems and navigating IRS negotiations, including a success story of helping a multinational company resolve a million-dollar tax debt.
Key Timestamps:
00:06 - Introduction and overview of payroll taxes
00:36 - Explanation of how payroll taxes work
01:22 - Common payroll tax problems and their impact
02:30 - The domino effect of missing payments
03:15 - Legal consequences for businesses and owners
04:24 - How payroll tax problems escalate
05:22 - Available options for businesses with tax problems
06:56 - Working with a tax attorney
07:53 - Advice for businesses behind on payroll taxes
08:45 - Success story: Resolving a multinational company's tax issues
About the Show:
The Power of Tax Defense Attorneys: Tax Corner with Juda Gabaie provides valuable insights and expert advice on tax-related matters for business owners. Each episode features practical solutions and professional guidance for navigating complex tax situations.
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