As a business owner or person responsible for paying employment taxes, you may find yourself subject to a proposal of assessment of a Trust Fund Recovery Penalty (TFRP). This penalty may be assessed when withholding and employment taxes, also known as trust fund taxes because the employer holds the employee’s money in trust until the federal tax deposit is made, become delinquent. The TFRP may be assessed against any person responsible for collecting, accounting, and paying of trust fund taxes. We represent this responsible party (or parties) during the process.
If an exam has already been concluded and an assessment made, we can appeal the exam finding. I am familiar with the necessary steps to have your matter reconsidered.
