Guy A. Finocchiaro, CPA

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Guy A. Finocchiaro, CPA We solve IRS Tax Problems for individuals & small business owners.

10/10/2026

Letting payroll deposits slide to cover this month is the most normal thing in the world and the most expensive.

1. The trust fund portion is money you withheld from your employees, so the IRS treats it differently than any other balance.

2. It can be assessed against you personally, which means it stops being the company’s problem.

3. A revenue officer gets assigned to these earlier than to most cases.

4. Once that penalty is assessed, your options narrow sharply.

5. Getting in front of the officer before the assessment is the single thing that changes the outcome.

The firms that wait for the assessment before they act are not being careful. They are being slow.

Comment PAYROLL and I will send you the free rundown of what a revenue officer is actually looking for.

10/10/2026

Smart, capable people talk themselves into handling this alone because hiring somebody feels like an admission. Here is the part that gets skipped.

You have a right to representation. A power of attorney is the form a representative files to act for you, which is why it never belongs in a do it yourself step list.

If you are going alone, your step is the financial statement. Knowing that difference is the whole reason people hire us, and it has nothing to do with how smart anybody is.

09/10/2026

Fifty times the value was a client’s own words, and they meant the dollars plus the sleep, the phone, and the dinner where it was finally handled. If you want an honest read on what representation could do for your case, comment VALUE and I’ll DM you.

08/10/2026

6 unhinged things I did to get a business owner out from under a payroll tax case. One, I read the transcripts before I read the notice, because the notice is a summary and the account is the record.

Two, I got in front of the revenue officer early instead of waiting for the assessment. Payroll cases move faster than personal ones and the window closes quietly.

Three, I explained to the owner that this was never a company problem. The trust fund recovery penalty follows the person the IRS decides was responsible, which usually means him.

Four, I called back after the first no, and then again after the second one, because a no from one person is not a no from the agency. Five, I filed what was missing before asking for anything, because compliance is the whole gate.

Six, I told him plainly which parts of this were not going to be forgiven, so he could plan around the real number instead of a hopeful one. None of that is clever.

It is just the work, done in order, on a case a lot of people would have written off.

07/10/2026

Nobody can know if you qualify before seeing your income, expenses, and assets, so a fast yes on a sales call is a close, not a diagnosis. If someone promised you a settlement before looking at your numbers, comment HONEST and I’ll DM you how a real review works.

05/10/2026

We filed her missing returns, submitted an offer in compromise, and a 140,000 dollar debt on money she never touched became nothing, though every case depends on the person’s real finances. If your situation feels hopeless, comment RESOLVED and I’ll DM you an honest look.

02/10/2026

Things I refuse to do with a tax balance, as somebody who works in IRS resolution. One, assume a business is too small to be on the IRS radar.

Payroll deposits are matched, and small does not mean invisible. Two, let payroll taxes slide to cover this month, ever.

That one follows the owner personally and it is the fastest way to turn a business problem into a personal one. Three, guess at a balance instead of pulling the account.

The guess is always wrong and it is usually wrong in the expensive direction. Four, treat a phone call with a collector as a place to explain myself.

It is a collection call and the record it creates does not go away. Five, confuse a payment plan with a resolution.

One buys time and the other ends it. Six, skip the compliance step because it feels like the boring part.

It is the gate on everything else. Seven, wait for a quiet quarter to deal with it, because that quarter does not arrive and the notices do.

Comment “REFUSE” and I will send you the full list, including the three that cost people the most ⤵️

01/10/2026

The sound that plays in my head when somebody tells me they are the only one this far behind on their taxes. You are not.

You are looking at the outside of everybody else’s finances and the inside of your own, and that comparison has never once been fair. The people whose taxes look handled include plenty who are exactly where you are and have simply not said it out loud to anyone either.

Shame is the reason this category stays quiet, and quiet is the reason the balance grows. You are not the only one.

You might just be the first one on your street to actually deal with it.

30/09/2026

When a representative holds power of attorney, the IRS corresponds with us and not with you, which is why the pile of unopened envelopes on your counter finally stops growing. If you’ve got letters you haven’t been able to open, comment LETTERS and I’ll DM you how representation works

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NY
11231

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00

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