Defenses Available to Business Owners for Unpaid Payroll Taxes
Payroll taxes and withholdings account for nearly 70% of all taxes collected by the United States government. In fact, the IRS and the Department of Justice have picked up their enforcement of payroll tax compliance issues in the last several years, including the very public prosecution of business owners. The feds continue expanding the tools that the IRS Collection Division uses to enforce the payroll tax laws, including assessing owners and third parties for unpaid tax debts.
In addition, in March 2017, the U.S. Department of the Treasury Inspector General for Tax Administration issued a report calling for the IRS to enhance its efforts to root out noncompliant business that fail to pay employment taxes, including payroll tax. “When employers willfully fail to account for and deposit employment taxes,” said the IG, “they are in effect stealing from the Government.” Don’t be the next employer caught in the crosshairs of this new push to identify thieves.
This session by expert speaker Eric L. Green will explain to practitioners what they need to know to handle their business clients’ cases like a pro and resolve issues smoothly. The program will explain the process for assessment of unpaid payroll taxes, the defenses available to owners and other responsible individuals, and how practitioners can help owners resolve any outstanding tax issues once and for all. The session will also review the factors the IRS looks at when deciding to pursue unpaid payroll taxes criminally.
The procedure the IRS uses to assess a business and its owner for unpaid payroll taxes
Who may be deemed responsible for unpaid payroll taxes
The collection and enforcement tools the IRS can use to pursue unpaid payroll tax liability against a business
How a person deemed responsible for unpaid payroll taxes can challenge the assessment
What options there are to resolve unpaid payroll tax liabilities
The factors the IRS considers when determining to pursue a business owner criminally for unpaid payroll tax liability
How to prevent or resolve trust fund recovery penalties
NASBA & IRS Category of Study: Taxes
Who Should Attend
Tax practitioners who represent and work for small businesses
Eric Green is a partner in Green & Sklarz LLC, a boutique tax firm with offices in Connecticut and New York. The focus of Attorney Eric L. Green's practice is civil and criminal taxpayer representation before the Department of Justice Tax Division, Internal Revenue Service and state Departme...