The topic of this webinar will be how payroll taxes can cause headaches for businesses. You must be aware of the potential causes of payroll tax liabilities in order to prevent this from occurring. We'll go over the various ways that a corporation could discover that they owe payroll taxes on returns they believed to be accurate. It will offer pointers on how to reply to notifications and file appeal claims in order to settle tax obligations.
We will go over the specifics of IRC Section 6672, also known as the Trust Fund Recovery Penalty, and clarify what it entails. We will go over which taxes are covered by IRC Section 6672 and who is responsible for paying them. Many people handling payroll taxes are unaware that if they are not filed correctly, they may be held liable for these taxes. You will receive the resources need to assist your business in maintaining compliance and avoiding payroll tax headaches from the information presented in this webinar. You will be aware of the potential penalties and repercussions for failing to pay these taxes on time.
There will be advice on how to ensure compliance, avoid notifications and fines, and maintain your compliance. You will know what to do and how to respond if you do end up receiving a notification. We'll talk about publications and websites that are helpful, as well as further resources for assistance.
One thing that all businesses have in common is payroll taxes. It is among the largest outlays for any company. For any firm, handling payroll tax headaches may be stressful and burdensome. A company may face severe fines and penalties, as well as legal action, if payroll taxes are not correctly filed and reported. An order from the IRS or a state government stating an audit is something that no firm wants to receive. Additionally, they prefer not to be notified of fines and penalties that can lead to liens being placed on the business.
You will receive advice on how to avoid incurring a payroll tax liability from this topic. It will offer pointers on how to reply to notifications and file appeal claims in order to settle tax obligations. We will go over the specifics of IRC Section 6672, also known as the Trust Fund Recovery Penalty, and clarify what it entails. We will go over which taxes are covered by IRC section 6672 and who is responsible for paying them. This webinar's content will arm you with the knowledge and resources needed to keep your company compliant and steer clear of payroll tax headaches.
Areas covered in the session:
Attendees will understand what IRC Section 6672 is and how to keep in compliance to avoid it.
Attendees will be able to identify ways to avoid a payroll tax liability.
The attendee will be given guidance on how to respond to tax notices and will be provided valuable resources to keep in compliance.
Why should you attend this:
One thing that all businesses have in common is payroll taxes. It is among the largest outlays for any company. For any firm, handling payroll tax headaches may be stressful and burdensome. A company may face severe fines and penalties as well as legal action if payroll taxes are not correctly filed and reported. An order from the IRS or a state government stating an audit is something that no firm wants to receive. Additionally, they prefer not to be notified of fines and penalties that can lead to liens being placed on the business.
You will receive advice on how to avoid incurring a payroll tax liability from this topic. It will offer pointers on how to reply to notifications and file appeal claims in order to settle tax obligations. We will go over the specifics of IRC Section 6672, also known as the Trust Fund Recovery Penalty, and clarify what it entails. We will go over which taxes are covered by IRC Section 6672 and who is responsible for paying them. This webinar's content will arm you with the knowledge and resources needed to keep your company compliant and steer clear of payroll tax headaches.
Who should attend this:
Payroll Professionals, CPAs, Owners, Tax Professionals, Bookkeepers, Managers
Debbie Cash is an American Payroll Association Certified Payroll Professional. She has worked in the payroll and tax industry for more than thirty years. At G&A Partners, She oversee TLM implementation as of right now. She was Employer Advantage LLC's Time and Labor Manager before that. She began working as a Payroll Tax Specialist at Employer Advantage. For small enterprises, G&A Partners is a Professional Employer Organization (PEO) that provides payroll, HR, benefits, risk, and accounting services. In February 2022, they purchased Employer Advantage, a PEO. She started working for the company in 2006. She graduated from MSSU in 1985 with an associate's degree in accounting and in 2006 with a bachelor's degree in general business. In October of 2006, She earned my Certified Payroll Professional certification. She has been processing payroll and payroll taxes for different firms and professions for more than thirty years.
From 1993 to March 2006, She was employed at Missouri Southern State University as a payroll specialist. She was an International Tax for Student Visa specialist when She went to the International Tax Conference in Wisconsin in 2005. From 1990 to 1993, She was employed by the Joplin R-8 School District as well.