You may face a Trust Fund Recovery Penalty issue if you are deemed to be a responsible party for unpaid employee payroll taxes. This is a very serious issue since in effect, this is a 100% “penalty”. And the IRS may try to collect from you even if you are nothing more than the employee who “signed the checks”.
When to get us involved:
- ALWAYS. This is a very serious issue, as it can even have criminal implications. The process is also very complicated, so you need professional representation to get the best outcome for you.