Has your incorporated business fallen behind on its bills, including withholding taxes due to the IRS? If yes, the IRS can personally assert the Trust Fund Recovery Penalty against the owners, officers, shareholders or other responsible parties of the corporation. Further, the amount of the Trust Fund Recovery Penalty as calculated by the IRS is often larger than it should be. In a recent case, the IRS proposed to personally assert over $158,000.00 against one of our clients. We attacked the IRS’ figures and resolved the case for about $32,000.00. Our efforts saved our client over $126,000.00! If the IRS is trying to collect money from you, call us, we can help.
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