Opinion ID: 3059929
Heading Depth: 2
Heading Rank: 1

Heading: Brown’s Tax Liabilities

Text: Beginning in 1995, Brown was the president, only officer, and only director of Safe-Deposit, Inc., a security guard company in Ocala, Florida. Brown, who was the only authorized signatory on Safe-Deposit’s bank accounts, signed payroll checks on the company’s behalf. Brown was responsible for collecting and paying employment taxes for Safe-Deposit’s employees. Safe-Deposit failed to turn over to the Internal Revenue Service (“IRS”) payroll taxes withheld from its employees’ wages for the tax periods ending June 30, 1999; September 30, 1999; December 31, 1999; March 31, 2000; June 30, 2000; December 31, 2000; and March 31, 2001.1 1 Brown dissolved Safe-Deposit in or around April 2001. 2 To recover those taxes, the IRS assessed trust fund recovery penalties2 against Brown personally pursuant to 26 U.S.C. § 6672, as a responsible person of Safe-Deposit who willfully failed to pay over the withheld taxes. The total amount of trust fund recovery penalties assessed against Brown was approximately $44,000.3 Brown made some payments toward her tax liabilities for the tax periods ending June 30, 1999 through June 30, 2000. Brown entered into an installment agreement in 2005 and made some, but not all, of the payments due. When Brown overpaid her personal income taxes, the IRS credited those amounts toward the outstanding balance on the assessments.