Once the IRS provides notice of TFRP, how many days does the business have to respond?
A) 60
B) 45
C) 30
D) 10

Name: Once the IRS provides notice of TFRP, how many days does the business have to respond? A) 60 B) 45 C) 30 D) 10
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

The IRS provides a 60-day period for the business to respond once notice of the Trust Fund Recovery Penalty (TFRP) is given. This period allows the business or individual time to appeal the decision or make arrangements to address the penalty.

Once the IRS Provides Notice of TFRP, How Many Days