The question business owners ask most often about back payroll taxes isn’t how much is owed. It’s whether the IRS can come after them personally once the company can’t pay. The answer is yes, through something called the Trust Fund Recovery Penalty, and it is one of the few tools the IRS has for reaching…
On July 8, 2026, the IRS announced that it is retiring First Time Abate, the penalty relief most taxpayers and tax professionals have relied on for years, and replacing it with a new program called Automatic Exemption from Penalty. The change is real, it started this summer, and most of the advice currently online about…
An IRS Letter 1058 is not the first letter about a tax bill, and by the time it arrives, it usually is not a surprise. A string of earlier notices typically comes first: a balance due, a couple of reminders, then a letter with sharper language than the ones before it. Letter 1058 is different…
If you owe back taxes, you have heard the pitch. A serious voice describes a government program that erases most of what you owe. Pennies on the dollar. Ninety percent off. Call before the window closes. The IRS Fresh Start Program is real. That part is true. But the thing being advertised is not the…
A phone call from payroll saying the IRS sent something with your name on it is rarely a good way to start a week. The form behind that call is usually IRS Form 668-W, Notice of Levy on Wages, Salary, and Other Income, and it does exactly what the name suggests. It tells an employer…
