Payroll tax issue
What are Trust fund taxes?
Trust fund taxes are the payroll taxes such as Social Security, Medicare, and federal income tax withholding that employers are required to withhold from employee wages and pay to the IRS. These funds are held “in trust" for the government until they are submitted.
Why It’s Serious?
Failing to pay trust fund taxes is one of the most severe tax issues a business can face. The IRS can:
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Impose the Trust Fund Recovery Penalty (TFRP) against responsible individuals
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Hold business owners, officers, or even certain employees personally liable
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Levy bank accounts, garnish wages, or seize assets
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Cause long-term financial and legal consequences
​How Our Tax Experts Can Help
Dealing with trust fund tax issues requires immediate, professional support. Our team will:
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Review your payroll tax compliance and identify the issues
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Represent you before the IRS to protect your business and personal assets
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Negotiate resolutions such as installment agreements or penalty relief
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Develop a strategy to keep your business compliant going forward
Protect Yourself and Your Business
If you’re facing trust fund tax problems, you don’t have to face the IRS alone. Don’t wait - reach out today for your free consultation and take the first step toward financial relief. Our experts will help you resolve your tax issues and safeguard your financial future.