Trust Fund Recovery Penalty (TFRP): Personal Liability for Payroll Taxes, Explained
A trust fund recovery penalty (TFRP) occurs when responsible parties fail to remit payroll taxes to the government. Find out more in this complete guide!
A trust fund recovery penalty (TFRP) occurs when responsible parties fail to remit payroll taxes to the government. Find out more in this complete guide!
If the state of California suspects a business of evading payroll taxes, they will investigate. Learn about the process and how to stay on their good side.
As a business owner, it can be confusing when you’re told to withhold income. Brotman Law explains exactly how to handle an income withholding order.
If the California Franchise Tax Board is hitting you with interest and penalties, there may be a way to get some relief. Brotman Law explains in this post.
If you owe back taxes to the California FTB, be prepared for them to pursue payment. Learn how the FTB will come after you and how to make them stop.
FAST Act allows the State Department to revoke, deny or limit passports to any individual certified by the IRS as having delinquent tax debt more than $50k
In part two of our series on ODVP, we discuss the series of events that happen during the ODVP process prior to the taxpayer making a decision to opt out.
This article details what to do when you have a delinquent FBAR and how to file it properly to minimize any negative consequences from the IRS.
Opting out of offshore voluntary disclosure program can be a difficult choice for many taxpayers. This article discusses the consequences of that choice
Part four of our OVDP process overview provides insight into the penalty structures for those who opt into voluntary disclosure and those who do not.
Part three of our series on the Offshore Voluntary Disclosure process discusses some more frequently asked questions about Offshore Voluntary Disclosure.
Part two of our series on the OVDI program covers the preclearance letter and the steps that are taken after a taxpayer receives preclearance.