You’ve been accused of willfully failing to pay employment taxes and are now at risk of being assessed the trust fund recovery penalty. What next?
Totaling 100 percent of unpaid employment and federal taxes, the TFRP is not to be taken lightly. In this segment of our three-part series on
As an employer, one of your most significant IRS responsibilities involves withholding federal and payroll taxes on behalf of your employees. Your failure to properly
In late August, 2020, the IRS released Notice 2020-65. This notice primarily deals with the recent memorandum from President Trump, authorizing a payroll tax holiday.
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