Payroll & Trust Fund Recovery Penalties

Stabilize quickly, protect operations, and resolve payroll tax liabilities—including TFRP exposure.

How we help

  • Immediate triage: confirm current deposits, stop compounding penalties, and address urgent notices.
  • Compliance first: get Forms 941/940 current, fix deposit schedules, and align payroll processes.
  • TFRP defense: organize facts for “willful/responsible” determinations; prepare Form 4180 responses and narratives.
  • Resolution path: installment agreements, penalty relief where appropriate, and prevention plan.

Common situations

  • Missed 941 deposits or late filings during cash crunch
  • Revenue disruptions leading to pyramiding balances
  • Revenue officer contact and proposed TFRP assessment

What to gather

Filings & deposits

  • Recent Forms 941/940 and state payroll returns
  • EFTPS/State deposit history and missed periods
  • Revenue officer letters or proposed assessments

Operations

  • Payroll cadence and provider details
  • Officer list with roles/signing authority
  • Cash-flow constraints and critical payments
If details are incomplete, send what you have—we’ll prioritize the rest.

Our process

1

Stabilize

Secure current deposits and communicate with the revenue officer.

2

Get current

File missing returns and correct deposit schedules.

3

Assess & defend

Prepare Form 4180 facts, roles, and documentation.

4

Resolve

Set terms (IA/CNC/abatement) and prevent recurrence.

FAQs

It’s a personal assessment on responsible individuals for trust fund taxes (withheld from employees). We help evaluate exposure and prepare a defense.

Yes—TFRP issues often continue after closure. We’ll address filings, officer exposure, and resolution terms.

Absolutely. We coordinate deposits, coding, and filings to prevent future issues.