Feature Article

How to Stop a Trust Fund Recovery Penalty Interview

Your client operates a business that owes employment taxes to the IRS, and an IRS Revenue Officer has just called you and requested that your client come down to his office for a meeting to discuss the debt. You presume the Revenue Officer wants to discuss collection of the debt from the business, maybe requesting that your client complete a Form 433B, Collection Information Statement for Businesses. After all, the business owes the debt,... By HOWARD LEVY, JD