If your payroll taxes never reached the IRS, you could be personally on the hook, even as a bookkeeper or board member who never touched the accounting software. One sixty-day letter determines whether liens and levies follow you for a decade. Read more at https://mixontaxlaw.com/trust-fund-recovery-penalty/
[thoughtful] Here's a question that keeps Houston business owners up at night. If your company withholds payroll taxes from employee paychecks but never sends them to the IRS, who actually pays for that? [short pause] Today we're digging into the Trust Fund Recovery Penalty, and what it means that it can reach you personally, not just your business. Mixon Tax Law City: Houston Address: 2000 S Dairy Ashford Rd Suite 298 Website: https://mixontaxlaw.com/