Scott Allen E.A. has expertise with Scottsdale Arizona Trust Fund Recovery Penalties
Scottsdale AZ IRS Trust Fund Recovery Penalty
If you received a notice from the IRS regarding not paying in payroll taxes withheld from your employees—take this very seriously. The Scottsdale AZ IRS will pursue the collection of these taxes more than other tax debts. The Trust Fund Recovery Penalty (TFRP) code is 6672. The reason the penalties are so burdensome is that funds were held in trust—not paid to the employee and held in trust to pay to the IRS. The IRS will hold all individuals responsible to paying these taxes. This would include owners, accounting personnel, and those with check signing privileges that knew taxes were not being paid and willfully neglected to pay these taxes to the IRS.
Scott Allen E.A. minutes from Scottsdale AZ has expertise with Code Section 6672 penalties. Call Scott to schedule a free consultation to see which option is best for you. Scott Allen E.A. can be reached at 480-926-9300. Scott will make today a great day for you!