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The Trust Fund Recovery Penalty (TFRP): What You Need to Know

The Trust Fund Recovery Penalty (TFRP): What You Need to Know - Traxion Tax

Businesses are responsible for paying their employees. It goes without saying that a person should be paid for the work they do, and any sort of wage theft or stolen labor is wrong. But businesses are also responsible for withholding a portion of every employee’s wage for tax purposes or risk incurring a trust fund…

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