Trust Fund Recovery Penalty

When a business owner holds the employee's money in trust until the federal tax deposit is made, the responsible owner risks the 100% payroll penalty, or "trust fund recovery penalty". As a result, the TFRP can cripple and even close down the most successful businesses. The trust fund recovery penalty can create difficult problems for the owner, but The Taxperts can help before it jeopardizes your business and interferes with your life.