If it isn't, then we may have the option of either amending the returns to reduce it, or having the case reviewed again by The Department.
Next, we need to determine what the basis is for the liability. The way that you can handle unpaid income taxes is much different than sales taxes or payroll taxes at the state level.
If you are asking this question in the first place, then its time for a new accountant. Call our offices today. The Special Accounting Packages section of this website may have a special offer which will benefit you. If you need a payment plan, need returns prepared, or simply want a second opinion, we can help. As highly recommended tax accountants practicing in the Chicagoland Area, we have the experience necessary to help your company. Simply call or e-mail one of our specialists today.