Being Pursued for Taxes Owed by Your Business’s Buyer
When the IRS cannot collect due taxes from the party who purchased your business—despite them assuming assets and liabilities when they bought it—the IRS often tries to collect the tax debt from the original business owner: you. Even with your bill of sale proving you no longer own the business, it’s a stressful situation that can be difficult to get out of.
The stakes are high in this scenario, and you require specialized tax experts who understand both finances and the law. The Schneider team has that dual expertise, and we’ve successfully resolved hundreds of challenging IRS cases for Hamilton and Marion Country business owners. (Though we’re not a law firm, you can get representation from James J. Schneider, Attorney at Law.) Time is always a factor when seeking a just end, so request a confidential consultation with us today.
It’s your right as a taxpayer to have representation who deals exclusively with the IRS, letting you maintain focus on your day-to-day operations. Once we have your documentation and all the relevant details, our seasoned team goes to work. We meticulously examine your case, then craft a precise, practical strategy for achieving our goal: undoing an undesirable mess.
Our aim is to swiftly move your case along to minimize your stress and redirect your energy toward other pursuits. With transferee liability cases, we find we have a lot of triumphs. Leveraging nearly 40 years’ worth of familiarity with and insights into how the IRS thinks and operates, as well as broad experience, we productively communicate with agents to get closer to reaching a resolution you deserve.