Available in:

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
Purchase Options

More Program Information

Why Lorman?

Over 35 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
Purchase Options

More Program Information

Why Lorman?

Over 35 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.

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

Purchase Options

More Program Information

Why Lorman?

Over 35 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

  • Business Analyst-Implementation at G&A Partners
  • Formerly a Payroll Tax/Time and Attendance Specialist at Employer Advantage LLC
  • G&A Partners is a Professional Employer Organization (PEO) that offers payroll, human resources, benefits management, risk management, and accounting services for businesses and they recently acquired Employer Advantage LLC a former PEO
  • Has been with the organization since 2006
  • Certified Payroll Professional Certification in October 2006
  • 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 in 2005 and specialized in International Tax for Student Visa’s
  • Worked for Joplin R-8 School District from 1990 to 1993
  • Bachelor’s degree in general business, MSSU; associate’s degree in Accounting, MSSU
  • Can be contacted at [email protected] or 417-782-3909 ext 148
Purchase Options

More Program Information

Why Lorman?

Over 35 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.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

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

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 406739
Published 2020
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!