statetaxissue: Lake City: Trust Fund Recovery Penalty Investigation
- 06/24/19 09:07 AM
Facing the Trust Fund Recovery Penalty? What is the Trust Fund Recovery Penalty? I represent taxpayers in Lake City and the rest of Florida and have recently seen coming to us who have payroll tax issues. This creates the Trust Fund Recovery Penalty. You don't want to face the Trust Fund Recovery Penalty. Business owners receive a letter stating the IRS can and will assess them personally for unpaid payroll taxes, this is called a “Trust Fund Recovery Penalty” [TFRP]. Individuals that IRS targets for Trust Fund Recovery Penalty assessment are owners of the business , corporate officers, partners, or any individual, the IRS claims was responsible to pay payroll trust fund taxes to … (0 comments)
Facing the Trust Fund Recovery Penalty? What is the Trust Fund Recovery Penalty?
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