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Articles Posted in Employment Taxes

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What Pennsylvania Employers and Employees Need to Know About the Trust Fund Recovery Penalty During the COVID-19 Pandemic

Federal tax law requires employers to withhold certain taxes from their employees’ wages, and to remit those amounts to the IRS. These are known as “trust fund” taxes, since the employer holds them in trust for the employee. In the event an employer fails to withhold these taxes, or fails…

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