MSATP/MVLS What is The Trust Fund Recovery Penalty?

When a business falls behind on payroll taxes, the IRS can aggressively pursue individuals within the organization for personal liability. Get a comprehensive overview of the concepts, investigation processes, and assessment standards surrounding the IRS Trust Fund Recovery Penalty (TFRP).

Designed specifically for tax professionals, attorneys, and financial advisors, this presentation will examine how the IRS calculates these penalties and the specific criteria investigators use to determine who qualifies as a "willful and responsible" party. Participants will also learn about the administrative options and strategic pathways available to effectively appeal a proposed assessment, helping you better protect and advise your business clients.