State Accepts Trust Fund Hold on Collections in Beaverton, OR
State Installment Agreement – 03-18-2020
Taxpayer Situation: Taxpayers owed the Oregon State Employment Department for all business payroll quarters for the years 2015- 2018. The State assessed a Trust Fund Recovery Penalty against the owner personally. The taxpayer had outstanding payroll tax reports for 2014, 2016 through 2019.
Resolution Outcome: Legacy Tax & Resolution Services successfully prepared and filed all outstanding payroll tax reports and negotiated with the Oregon State Employment Department an Installment Agreement for payroll tax liabilities for a client in Beaverton, OR. Legacy Tax & Resolution Services negotiated payments of $2,808 monthly on a liability totaling over $168,455.
Benefit: Allow the business to operate without the constant harassment from the Oregon State Employment Department and placed a hold on the personal Trust Fund Collections.