HARLINGEN COMMISSIONER KORI MARRA HAS AN IRS PAYROLL TAX LIEN PROBLEM!

HARLINGEN CITY COMMISSIONER KORI MARRA 

THE ABOVE POSTED DOCUMENTS SHOW THAT TAUBERT-MARRA LLC, DOING BUSINESS AS RE/MAX LONE STAR REALTY, AT 315 E. JACKSON STREET, HARLINGEN, TEXAS, HAVE FEDERAL TAX LIEN PROBLEMS.  ACCORDING TO THE IRS LIEN DOCUMENTS ABOVE, DATED 08/12/10, MARRA OWES $16,536.75 IN BACK TAXES FROM FORM 941 FEDERAL PAYROLL TAXES.  APPARENTLY, THE IRS LIEN DATED 12/18/09 ABOVE FOR $2,636.72 HAS BEEN RECENTLY PAID.

RE/MAX LONE STAR REALTY, AT 315 E. JACKSON STREET, HARLINGEN, TEXAS
"RE-GRAND Opening" on February 10, 2010  

Federal law requires an employer, to withhold taxes from your employees' paychecks. Each time you pay wages, you must withhold - or take out of your employees' paychecks - certain amounts for federal income tax, social security tax, and Medicare tax. Under the withholding system, taxes withheld from your employees are credited to your employees in payment of their tax liabilities.

Federal law also requires employers to pay any liability for the employer's portion of social security and Medicare taxes. This portion of social security and Medicare taxes is not withheld from employees.

The IRS continues to use Enforced Collection when it comes to unpaid payroll taxes and unfiled payroll returns. Enforced Collection can include a levy on the assets of the business, including the accounts receivable, equipment, automobiles and the bank account. The IRS can also close a business for non-payment of payroll taxes. If the business is closed or files for bankruptcy protection, the IRS will look to the owner of the business for collection of the penalties, interest, taxes and trust funds. In the case of a corporation or a partnership, the IRS will look to the person responsible for paying the payroll taxes to collect the trust funds. This is known as the Trust Fund Recovery Penalty.

Failure to Pay Payroll Taxes on Time:  When a business fails to pay the payroll taxes on time, penalties and interest start to accrue. This causes additional cash flow problems for the business when cash is such an important commodity.

Late Filing of Payroll Returns:  If the payroll returns are not filed on time the penalties are substantially increased. Failure to file a return on time can incur penalties of 5% per month to a maximum of 25%. Add that to other penalties, along with the compounded interest and you can have a very serious tax problem.

Trust Fund Recovery Penalty:  IRC Section 6672(a): Any person required to collect, truthfully account for, and pay over any tax imposed by this title who willfully fails to collect such tax, or truthfully account for or pay over such tax, or willfully attempts in any manner to evade or defeat any such tax or the payment thereof, shall, in addition to other penalties provided by law, be liable to a penalty equal to the total amount of the tax evaded, or not collected, or not accounted for and paid over.  This is commonly known as the 100% penalty. The penalty is assessed for the Trust Funds not paid. Trust funds are the money you withhold from an employee's paycheck, which includes federal income tax and the employees' share of FICA and Medicare. This money is held in trust until you pay it to the Internal Revenue Service.