Businesses: Beware of a 100% Personal Liability Penalty

March 27th, 2025|Categories: Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Personal Liability Penalty, Services, Tax, Tax Advisor, Texas CPA, The Burns Firm|Tags: , , , , |

A "100% penalty" can be assessed against a responsible person when federal income tax and/or federal employment taxes are withheld from employee paychecks but aren't handed over to the government. [...]