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Payroll Tax Problems

How we can help you

The IRS views failing to pay payroll taxes as the cardinal sin of tax delinquency because a large portion of the payroll taxes are your employees’ withholdings. Not paying your company’s payroll taxes is tantamount to stealing your employees’ money in the eyes of the IRS.

As a result, penalties for failing to pay your payroll taxes and filing your payroll tax returns on time are much more severe than other types of penalties. They can drastically multiply the amount you owe in a very short time.

If you are behind on paying payroll taxes for your company, WATCH OUT!!! The IRS is extremely aggressive pursuing collection of this type of tax. They would rather seize your business assets, close you down, sell your assets at auction, and put you out of business than allow you to continue amassing additional payroll tax liabilities.

If you are behind on your payroll taxes, DO NOT meet with the IRS on your own. How you answer their initial questions can determine whether you stay in business or not. It is critical you hire a professional representative who knows how the IRS operates.

Tailored to You

We aren't your average tax firm. We specialize in helping you maximize your tax situation and live more comfortably.

Education Focused

We guarantee you will learn something new. If you are looking for an average experience, we probably aren't the firm for you.

Relationship Based

We started business 40 years ago out of the Molen's home and to this day, we still treat our clients like family.

 

Latest News

Dates to Remember

Subscribe Now

Stimulus Check Effect on 2020’s tax filing

Once upon a time, there was a pandemic, the government shut everything down and then tried to send everyone a stimulus check to boost the economy. The end. So it isn’t as simple as that, but the process of handing out stimulus checks was more like a corporate...

Trump vs. Biden Tax Policy

Taxes are one of the hot topics in this year’s election because it affects each one of us. Regardless of your political opinions, it’s important to understand how the current tax laws affect you and how they may change. The New York Times leaked years of President...

What is GAP Insurance?

Ever wonder what GAP insurance is? Let me start by sharing a short story.  At 18 years old and a freshman in community college, one of the things I desired most was a brand-new truck. I had purchased an old truck while in high school. I never had a new vehicle and for...

What is your net worth?

Don’t look to Shawn (not his real name) for any inspiration. Shawn has a BMW 5 series. His wife has an Audi A7. The lawn is perfectly manicured, and he spent over $30,000 on the nightscaping. I know how much he spent because he told me, I didn’t ask. Heck, I don’t...

Bookkeeping: Power Your Business Growth

Successful businesses need good bookkeeping to maintain your finances, monitor budgets and stay tax compliant. Bookkeeping can make a huge difference and help your business grow. It can help maximize your business’s income as well as help you determine where you can...

How To Start Tax Planning?

The tax deadline marks an important date for millions. We all want a good outcome and in order to achieve that we need to do some tax planning. The IRS issues tens of millions of refunds a year for taxpayers that have overpaid taxes throughout the year. In 2019 these...

Is College Still Worth It?

College, is it worth it? It costs money and I see under-qualified people get better jobs than I have gotten in the past all the time. A good friend of mine was working for Amazon and he was almost done with his MBA. His managers told him that after his MBA is complete...

6 Money Goals to Hit by 35, 50, 65

Now is the time to plan your money goals for your future. Most young adults must learn to be financially independent in order to survive.Unfortunately, pursuing a college degree can lead to serious student loan debt. It is increasingly difficult to start a successful...

If you are over 70, please read! 2020 RMD Recontribution Deadline

2020 RMD Recontribution Deadline! While you are not required to take a minimum distribution in 2020 due to the pandemic, some may have already done so. In case you weren’t aware, there is an option to put the money back into that same IRA or a new IRA and save tax...

You & Your FICO Score

Does my FICO score really matter? Why does it and what is it?  The name FICO, originally Fair, Isaac and Company, is a data analytics company that focuses on credit scoring services. The company was founded back in 1956 by Bill Fair and Earl Isaac & FICO was...

Needs Analysis

Free One Hour Consultation for any new business owner looking for an advisor to help them with their taxes or financials.

Latest News

Stimulus Check Effect on 2020’s tax filing

Once upon a time, there was a pandemic, the government shut everything down and then tried to send everyone a stimulus check to boost the economy. The end. So it isn’t as simple as that, but the process of handing out stimulus checks was more like a corporate...

Trump vs. Biden Tax Policy

Taxes are one of the hot topics in this year’s election because it affects each one of us. Regardless of your political opinions, it’s important to understand how the current tax laws affect you and how they may change. The New York Times leaked years of President...

What is GAP Insurance?

Ever wonder what GAP insurance is? Let me start by sharing a short story.  At 18 years old and a freshman in community college, one of the things I desired most was a brand-new truck. I had purchased an old truck while in high school. I never had a new vehicle and for...

What is your net worth?

Don’t look to Shawn (not his real name) for any inspiration. Shawn has a BMW 5 series. His wife has an Audi A7. The lawn is perfectly manicured, and he spent over $30,000 on the nightscaping. I know how much he spent because he told me, I didn’t ask. Heck, I don’t...

Bookkeeping: Power Your Business Growth

Successful businesses need good bookkeeping to maintain your finances, monitor budgets and stay tax compliant. Bookkeeping can make a huge difference and help your business grow. It can help maximize your business’s income as well as help you determine where you can...

How To Start Tax Planning?

The tax deadline marks an important date for millions. We all want a good outcome and in order to achieve that we need to do some tax planning. The IRS issues tens of millions of refunds a year for taxpayers that have overpaid taxes throughout the year. In 2019 these...

Is College Still Worth It?

College, is it worth it? It costs money and I see under-qualified people get better jobs than I have gotten in the past all the time. A good friend of mine was working for Amazon and he was almost done with his MBA. His managers told him that after his MBA is complete...

6 Money Goals to Hit by 35, 50, 65

Now is the time to plan your money goals for your future. Most young adults must learn to be financially independent in order to survive.Unfortunately, pursuing a college degree can lead to serious student loan debt. It is increasingly difficult to start a successful...

If you are over 70, please read! 2020 RMD Recontribution Deadline

2020 RMD Recontribution Deadline! While you are not required to take a minimum distribution in 2020 due to the pandemic, some may have already done so. In case you weren’t aware, there is an option to put the money back into that same IRA or a new IRA and save tax...

You & Your FICO Score

Does my FICO score really matter? Why does it and what is it?  The name FICO, originally Fair, Isaac and Company, is a data analytics company that focuses on credit scoring services. The company was founded back in 1956 by Bill Fair and Earl Isaac & FICO was...

Dates to Remember

Needs Analysis

Free One Hour Consultation for any new business owner looking for an advisor to help them with their taxes or financials.

Subscribe Now

LOCATION

11555 Champion Forest Dr.
Houston, TX 77066

info@molentax.com

Phone: (281) 440-6279

Fax: (281) 716-6000

 

Hours

Mon - 9:00am-5:00pm

Tues - 9:00am-5:00pm

Wed - 9:00am-5:00pm

Thurs - 9:00am-8:00pm

Fri - Sun - Closed

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