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Posts Tagged Detroit tax attorney

Tax Reform – Has The Time Finally Arrived?

Earlier this week while sipping wine at the Milwaukee Public Market I sat next to policy wonk from a DC think tank. With the National Governors Association in Milwaukee, lobbyists from around the nation are in town. Predictably, our conversation soon turned to the economy and tax reform. Once again the talk of tax reform [...]

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Trust Fund Recovery Penalty – Are You Liable?

The Trust Fund Recovery Penalty is a powerful weapon in the IRS’ arsenal. Under Internal Revenue  Code section 6672, responsible officers and individuals can become liable for unpaid trust fund taxes. These include most payroll taxes such as income tax withholding, social security and Medicare. That means if a business fails to pay these taxes, [...]

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