Business Installment Agreement $500 month on $35,000 Liability on 941, 940 and 1120 taxes on his S-Corp
Was also able to negotiate with this client's Revenue Officer (RO) to avoid the dreaded trust fund recovery penalty that the Revenue Officer's are being directed to assess on all quarterly payroll (941) liabilities on the individual of the business whom it deems willful and responsible for the non-payment of the trust fund portion of the tax (the amount withheld from the employee's wages).