Payroll taxes remitted by employers make up approximately 70% of Federal tax inflows. Because of this, the IRS as weel as state governments, aggressively pursue businesses for the payroll taxes, and related penalties owed. In addition to taxes owed by the business, the Trust Fund Recovery Penalty (TRFP) portion, which are the employee portion of payroll taxes held in trust by the employer, can become the personal (0 comments)