Trust Fund Recovery Penalty
Were you associated with a business and the IRS is inquiring regarding proposed assessment of the trust fund recovery penalty? If so, we can help dispute responsibility, willfulness, computation errors, or all three. Already assessed, but don’t believe you should owe? We can still dispute via alternative method.
Case study: Business taxpayer fell behind on employment taxes and IRS proposed assessment of the trust fund recovery penalty against the owner as the willful and responsible individual.
Although, the taxpayer agreed that he was liable, he disagreed with the proposed amount. Tom Ryder presented payroll records as evidence to the IRS Appeals Office, which re-allocated federal tax deposits and reduced the personal liability portion to the correct amount.