Maybe. If the limited liability company is properly set-up and operated properly so that business assets are not commingled with personal assets, the members of the llc are usually not personally liable for the debts of the llc. However, if the llc does not make the required payroll tax deposits, the IRS can come after all the responsible persons for the trust fund portion of the payroll tax deposits.
Small Business Owners: How You Can and Must Protect Your Buiness from the IRS If You Have Payroll Tax Problems

Small Business Owners:
How You Can & Must
Protect Your Buiness
from the IRS If You Have
Payroll Tax Problems

Confidential Insider Report: How to End IRS Problems Forever

Confidential Insider
Report: How to End
IRS Problems Forever

What Your Accountant and the IRS Never Told You

What Your
Accountant and the
IRS Never Told You

How to Find the Right Professional to solve your IRS Problem in Virginia

How to Find the
Right Professional
to solve your IRS
Problem in Virginia

Elden Sodowsky provides answers for the most frequently asked questions by clients.

 


Q: Can a limited liability company (llc) protect me (my assets) from the IRS?

A: Maybe. If the limited liability company is properly set-up and operated properly so that business assets are not commingled with personal assets, the members of the llc are usually not personally liable for the debts of the llc. However, if the llc does not make the required payroll tax deposits, the IRS can come after all the responsible persons for the trust fund portion of the payroll tax deposits.



Don’t spend another day worrying about the consequences of your tax debts. I can answer the questions you might be hesitant to ask anyone else. I can help you find peace of mind and get your finances back on track.

Call my office today at 703.322.0500 (or toll-free at 800.322.9118) to schedule a consultation . Take the first step toward taking your life back from the IRS.

The Sodowsky Law Firm serves all of Virginia and in particular the following Virginia counties, cities, and towns: Fairfax County, Loudoun County, Prince William County, Arlington County, Fauquier County, Stafford County, Fairfax, Chantilly, Centreville, Herndon, Reston, Vienna, Manassas, Manassas Park, Leesburg, Alexandria, Falls Church, Ashburn, South Riding, Sterling, Dale City, Woodbridge, Warrenton, Fredericksburg, and Stafford.
Bookmark and Share

©2010 Sodowsky Law Firm, PC, All Rights Reserved, Reproduced with Permission
Attorney website design by Foster Web Marketing, the best attorney website design solution on the Web offering search engine optimization for attorneys, lawyer website design, video for attorneys, and more.
Get SEO Tips from The Attorney Internet Marketing Blog

Served By: A