When a company or organization fails to pay collected or withheld taxes, the IRS may hold those in authority personally liable for the trust fund recovery penalty (TFRP). During this webinar, we will cover the rules for assertion of the TFRP and your role in defending a person who is potentially liable. You will learn:
- Basis for assertion of the TFRP
- Responsibility definition
- Willfulness definition
- Collecitbility determinations
- Computation of the TFRP
- Assertion against multiple persons
- Defense tactics
- Appeal rights
Presented by Robert E. McKenzie, EA, Attorney