Employment Tax Attorney Protecting Officers and Employees From TFRP Laws

To provide for the timely submission of income taxes, Social Security and other taxes withheld by businesses from their employees' paychecks, employers are required to hold these taxes in trust, to be deposited with the federal government for taxes owed. To make sure employers are accountable for properly withholding and paying over these taxes, the IRS established a law known as the Trust Fund Recovery Penalty (TFRP). The TFRP exposes responsible officers and employees to penalties in the event the withheld money is not paid over as required to the IRS.

Because the amount of money can be substantial, in times of need, employers sometimes use these funds for the payment of necessary operating expenses. The amount of penalties for doing this can be substantial. The IRS has broad powers to enforce the TFRP and is very aggressive in pursuing officers and employees for the nonpayment of payroll taxes. Corporate officers and employees are typically protected from personal liability but the IRS will often look for the person responsible for the decision to not pay-over the trust fund and assess penalties as appropriate.

A Powerful Advocate to Protect You From a Harsh TFRP Assessment by the IRS

If your business has been notified that penalties are being assessed or the IRS is investigating you for personal responsibility for the TFRP, talk to a knowledgeable tax law attorney immediately. Attorney Angelique M. Neal has more than 15 years of experience practicing exclusively in the area of federal tax law. She is a powerful advocate for the protection of taxpayer rights. As a former IRS lawyer and Special Assistant United States Attorney, she understands the tactics the IRS investigators use when pursuing penalties under TFRP. She will aggressively protect your rights and fight for your financial interests, always looking for creative, intelligent strategies to resolve the matter in the most efficient, cost-effective way possible.

From offices in Brighton, Michigan, tax lawyer Angelique M. Neal represents clients throughout the state, the Midwest and the United States. Wherever you are, call toll free 888-351-8395 or contact the firm by e-mail to arrange a consultation with an experienced attorney handling employment taxes and trust fund recovery penalty cases.