Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
The number one reason why small businesses get into tax trouble is due to the failure to report and pay payroll taxes. Payroll tax liabilities are such a large part of the Tax Gap that the IRS has started a number of initiatives to deal with the non-compliance by employers. This course will cover the current IRS initiatives to deal with payroll tax issues, including the Trust Fund Recovery penalty and how the IRS will pursue responsible owners and employees of the business it believes is responsible for the unpaid payroll taxes. The course will also review how practitioners can help their client's either avoid the Trust Fund Recovery Penalty or resolve the personal liability issues.
Publication Date: March 2024
Topics Covered
- Getting Ahead of the Issue
- Outsourced Payroll
- AccuPay
- First Priority Pay
- Mitigating the Damage
- The View from Dept of Justice
- Two Sides of Payroll
- IRC 6672
- Trust Funds
- Payroll Tax Enforcement Process
- Responsible People
- Indicators of Responsibility
- Check Signing Authority
- 4180 Interview
- Letter 1153 - Proposed Assessment
- Form 2751 Waiver
- Strategies
- Voluntary Payments
- Owner's 433-A
Learning Objectives
- Identify the current IRS initiatives to deal with payroll tax issues
- Recognize the Trust Fund Recovery Penalty
- Identify how the IRS will pursue responsible owners and employees of the business it believes is responsible for the unpaid payroll taxes
- Recognize how practitioners can help their client's either avoid the Trust Fund Recovery Penalty or resolve the personal liability issues
- Identify the organization that views payroll tax fraud as more than theft
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Eric L Green
Eric 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. Eric is a past chair of the Connecticut Tax Bar and is a Fellow of the American College of Tax Counsel. He is a frequent lecturer on tax topics for national organizations, and is the author of The Accountant’s Guides to IRS Collection and Tax Resolution. He was the creator and lecturer of the CCH IRS Representation Certificate Program, and Eric runs
Tax Rep LLC, which coaches CPAs, EAs and attorneys to represent taxpayers. Eric was previously a columnist for CCH’s Journal of Practice & Procedure, and has the weekly Tax Rep Network podcast.