Trust Fund Interview and Form 4180

July 6, 2009

in Employment taxes, Trust fund recovery penalty

In today’s difficult economic environment, expect more businesses to resort to using payroll tax money to stay afloat and a corresponding increase in IRS enforcement measures. With bank lending tight, employee tax withholding is a ready —but dangerous—source of immediate operating capital.

But the IRS does not like being made an unwilling partner to a loan…

Read the full EA Journal article “IRS Trust Fund Investigations: The Best Defense is a Good Offense”

Download IRS interview Form 4180

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