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OnDemand Course

Payroll Tax Headaches

Gain the tools necessary to help your business remain in compliance and avoid payroll tax headaches.

Payroll taxes are one thing that all businesses have in common. Dealing with payroll tax headaches can be overwhelming and frustrating for any business. Failure to properly file and report payroll taxes can result in huge fines and penalties for a business and may result in legal action. This topic will give you guidance on precautions to take to keep from getting into a payroll tax liability. It will provide tips on how to respond to notices and make claims for appeals to resolve tax liabilities. Details of IRC Section 6672, Trust Fund Recovery Penalty will be explained. The material covered in this topic will give you the tools necessary to help your business remain in compliance and avoid payroll tax headaches.

88 minutes
Course Exam
Certificate of Completion
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

How an Organization Gets Into a Payroll Tax Liability

  • Not Paying Taxes Timely or According to Federal or State Guidelines
  • Not Researching Regulations of Where Work Is Being Performed to Withhold Proper Taxes
  • Paying Taxes on the Wrong Frequency
  • Improperly Classifying Employees as Contractors
  • Not Withholding/Over Withholding on Foreign Employees

Precautions to Take

  • Research When Going Into a New Location
  • Audit Tax Withholdings
  • Check Liability Before the New Year for Frequency Issues
  • AP Audits Against Employee Records
  • I-9 Audits, Watch for Red Flags on Employee Documents
  • When You Realize a Mistake Was Made File an Amendment

Types of Consequences

  • Fines/Penalties
  • Levies
  • Trust Fund Recovery Actions

IRC Section 6672-Trust Fund Recovery Penalties

  • What Is IRC Section 6672
  • What Taxes Does It Apply to
  • Types of Appeals/Claims
  • Requests for Abatement/Refunds
  • What Parties Can Be Held Responsible

What to Do When You Receive a Notice

  • Respond to Notice as Soon as Possible
  • Write Detailed Letter of Explanation
  • Send Documentation to Back up Claim
  • Ask for Waiver of Penalties and Interest

Helpful Websites, Publications and Ways to Get Help

  • IRS.Gov, Publication 15
  • State Websites and Employer Guides
  • Local Government Websites
  • Google/Search Engines
  • Taxpayer Advocate Service
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on March 25, 2020.

Call 1-866-352-9540 for further credit information.

  • AIPB 1.5
     
  • This program is acceptable for 1.5 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • ASA 1.25
     
  • This program qualifies for 1.25 continuing education hour(s) towards maintaining your ASA credential. Please contact ASA for more information at [email protected]. Please retain proof of attendance in the event your CE record is audited.
     

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Debbie Cash, CPP

Debbie Cash, CPP

G&A Partners

  • Manager of TLM Implementation at G&A Partners
  • Began working for the organization in 2006 as a Payroll Tax Specialist and Time and Attendance Specialist
  • Promoted to Time/Labor Manager in 2021
  • 30+ years of experience processing payroll and payroll taxes for various different companies and professions
  • Worked as a Payroll Specialist at Missouri Southern State University from 1993 to March 2006
  • Attended the International Tax Conference in Wisconsin and specialized in international tax for student visas
  • Worked for Joplin R-8 School District processing payroll from 1990 to 1993
  • Associate degree in accounting from MSSU in 1985 and a Bachelor's Degree in General Business from MSSU in 2006
  • Can be contacted at [email protected] or 417-782-3909, ext. 148
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Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

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Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 406739
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