Blog

November 25, 2018

WHAT IS A TRUST FUND RECOVERY PENALTY (TFRP)?

Businesses might experience a downturn in income due to poor economic conditions or decisions. This situation might force many business owners to seek for means to […]
December 2, 2018

THE TRUST FUND RECOVERY PENALTY AND HOW TO SETTLE IT

The trust fund refers to employee taxes (trust fund) held in trust by the employer and remitted to the IRS at the due payment date. Failure […]
December 9, 2018

TIMELINE OF EVENTS BEFORE A TRUST FUND RECOVERY PENALTY APPEAL

Once your company has been identified for outright failure to remit payroll tax, the case will be referred to the IRS office for penalty charges and […]
December 16, 2018

STATUTE OF LIMITATIONS ON THE TRUST FUND RECOVERY PENALTY?

When businesses fail to remit payroll tax, the IRS has a time frame within which they can legally collect such funds from the business. This stipulated […]