by Tom Regan | Jun 23, 2016 | Employment Taxes
The IRS appears to be more serious about pursuing and prosecuting companies that do not pay their employment taxes. The IRS’s first step to address this problem with unpaid employment taxes is to contact these companies as early as possible, hoping this early...
by Tom Regan | Jan 6, 2014 | Employment Taxes
An individual assessed the Trust Fund Recovery Penalty (TFRP) has the option to pay just a portion of the assessment to gain access to a court. This is different from the requirement for income taxes, which calls for payment, in full, of the tax, penalty, and...
by Tom Regan | Jul 5, 2010 | Employment Taxes, Penalties
This is the fourth post in the Employment Tax Law series. This series is dedicated to presenting individuals, sole proprietorships, and small to large businesses with a basic understanding of employment taxes, including the risks and responsibilities associated with...
by Tom Regan | Feb 4, 2009 | Employment Taxes
In both good and bad economic climates, any business can face cash flow problems. Sometimes, a business finds itself in a situation where there is not enough money to pay all of its obligations, including the employment taxes to the IRS and the employment and sales...
