Payroll Tax Train-Wreck: Resolving Your Clients Payroll Tax Nightmare
Authored by Eric Green
About this Course
Topics covered include:
The 'Tax Gap';
Assessment and Collection procedures against the business;
The IRC Section 6672 Trust Fund Recovery Penalty;
Third-Party Liability under IRC Section 3505;
The procedure for IRS assessment of and collection against responsible individuals;
Strategies for minimizing personal liability;
Options for resolving outstanding payroll tax liabilities;
Criminal Tax Aspects of Unpaid Payroll Taxes.
Upon completing this course, you should be able to:
Describe and outline the steps to resolving payroll liabilities;
Identify the trust tax concepts of personal liability for responsible parties;
Recognize and apply a strategy for getting a payroll tax client current and compliant;
Identify the penalty for failure to deposit if the deposit is not made within 10 days after the first delinquency notice;
Differentiate statements with respect to payroll taxes;
Describe trust funds;
Recognize types of responsibility alone is insufficient to establish responsible person status;
Differentiate court cases and how they apply to clients;
Describe employment tax prosecutions;
Identify how to determine who is responsible;
Differentiate IRC Sections.
$ 48.00
Course is unavailable for purchase.
NASBA Field of Study
Taxes
Level
Intermediate
CPE Credits
2.0
Prerequisites
A basic understanding of payroll taxes and IRS procedures.
Last Updated
10/02/2018
14552
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