I AM RESPONSIBLE FOR UNPAID TRUST FUND TAXES! IS THE IRS GOING TO CHARGE PENALTIES AND INTEREST FOR PAST DUE EMPLOYMENT TAXES?
If you are one of the responsible parties, The IRS will charge you interest on the Trust Fund Recovery Penalty beginning with the date of the assessment. Your employer is responsible for penalties for late deposits, late payments or penalties on tax liability before the assessment was made. See more on Payroll Taxes.