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Payrollnightmare1 tsheets

RESOLVING YOUR CLIENT'S PAYROLL TAX NIGHTMARE: PART 1

Cost $15.00
Presentation Length 1.0 hour

Recorded DateDecember 9, 2019
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes
Course LevelBasic
Course Description

This program will explain to attendees the way the IRS assesses unpaid payroll taxes against a company and those owners/officers it deems to be responsible, how the “Trust Fund Recovery Penalty” works (IRC § 6672) and what practitioners can do to avoid or minimize their client’s exposure.  In additional, the program will review strategies for resolving the issue for the company and responsible individuals.

Learning Objectives:


  • Understand how the IRS assesses the company and responsible individuals for the unpaid payroll taxes

  • Identify who may be deemed personally responsible for the unpaid payroll taxes

  • Explain the assessment procedures under IRC § 6672

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Greensklarz

Eric is a partner in Green & Sklarz LLC, a boutique tax firm with offices in Connecticut and New York. The focus of Attorney Eric L. Green’s practice is civil and criminal taxpayer representation before the Department of Justice Tax Division, Internal Revenue Service, and state Departments of Revenue Services. His practice also handles probate matters and estate planning for individuals and business owners and tax planning for closely-held businesses. He is a frequent lecturer on tax topics for CCH, the NAEA, the NATP, the ABA Tax Section, and the Connecticut Society of CPAs. Attorney Green has served as adjunct faculty at the University of Connecticut School of Law. He is the author of The Accountant’s Guide to IRS Collection (available www.tgpublish.com), and he is a columnist for CCH’s Journal of Practice & Procedure. He is also the founder of The New England IRS Representation Conference. Mr. Green is a contributing author for Advocating for Low-Income Taxpayers: A Clinical Studies Casebook, 3rd Edition, and has also been quoted in The Wall Street Journal, USA Today, Consumer Reports, The Wall Street Journal’s Market Watch, TheStreet.com, and CreditCard.com. Before practicing law Attorney Green served as a senior tax consultant for KPMG and Deloitte & Touche. Attorney Green was the 2010 Nolan Fellow of the American Bar Association and has served as Chair of the American Bar Association’s Closely Held Businesses Tax Committee. Attorney Green is the current Chair of the Executive Committee of the Connecticut Bar Association’s Tax Section. Eric is a Fellow of the American College of Tax Counsel (“ACTC”) and a Connecticut, Massachusetts, New York, and American Bar Association member. He is admitted to practice in Massachusetts, New York, and Connecticut Superior Courts, as well as the United States Tax Court, the Federal Court of Claims, and the Federal District Court for Connecticut. Attorney Green received his Bachelor of Business Administration degree in Accounting with a minor in International Business from Hofstra University and is an honor graduate from New England School of Law. He earned a Masters of Laws in Taxation (LL.M.) from Boston University School of Law.


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About Our Sponsor

Onpay
OnPay grew out of our founder’s long-standing family payroll business. When Jesse Burgess joined that company in 2007, his first priority was simply helping the company’s six payroll clerks be more efficient — and to keep them from getting frustrated.

With 200 small business customers to take care of, Jesse streamlined his clerks’ user experience and automated repetitive tasks until he realized the whole payroll process could move online. Soon after, OnPay was born.

We’re different because we’re a payroll business, not a startup. We’ve combined our experience with the latest technology to develop payroll software that’s fast, intuitive, and designed to help small business owners do what they do best.

We continue to invest in improving customer experience, expanding into HR and benefits, and giving small businesses unsurpassed levels of support.

OnPay may have gotten more powerful, but businesses still pay one low fee for everything.