About the Trust Fund Recovery Penalty

Published Categorized as Articles, Austin, Tax

Employers are required to withhold Social Security, Medicare, and income taxes from wages paid to employees. The withholdings are credited to the employee’s Social Security, Medicare, and income tax accounts. If these taxes are not paid over to the IRS and the IRS is not able to secure payment from the employer or the business… Continue reading About the Trust Fund Recovery Penalty

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