Trust Fund Recovery Penalty
In the United States, the term trust fund recovery penalty refers to a tax penalty assessed against the directors or officers of a business entity which failed to pay a required tax on behalf of its employees. The name derives from the fact that Social Security and Medicare taxes are paid into a trust fund which is used to pay out benefits under these programs.
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Trust Fund Recovery Penalty
In the United States, the term trust fund recovery penalty refers to a tax penalty assessed against the directors or officers of a business entity which failed to pay a required tax on behalf of its employees. The name derives from the fact that Social Security and Medicare taxes are paid into a trust fund which is used to pay out benefits under these programs.
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In the United States, the term ...... benefits under these programs.
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Wikipage page ID
41,155,150
Wikipage revision ID
714,524,032
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In the United States, the term ...... benefits under these programs.
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Trust Fund Recovery Penalty
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