The penalty for a willful failure topay tothe government a tax withheld from an employee's paycheck is one hundred percent of the unpaid tax.

Question

Quizplus · Accepted Answer

This is known as the "Trust Fund Recovery Penalty" (TFRP), and it applies to individuals responsible for collecting or paying withheld income and employment taxes, or for paying collected excise taxes, who willfully fail to collect or pay them.

The Penalty for a Willful Failure Topay Tothe Government a Tax