S. 3583 · 109th Congress

A bill to amend the Internal Revenue Code of 1986 to regulate payroll tax deposit agents.

Stage
In committee
Introduced
2006-06-27
Latest action
2006-07-14 · Sponsor introductory remarks on measure.

Summary

Amends the Internal Revenue Code to require the Secretary of the Treasury to establish a registration system for payroll tax deposit agents. Requires such agents to: (1) submit to a bond or annual audit; (2) make certain disclosures to their clients concerning liability for payment of employment taxes; and (3) pay penalties for failing to collect or pay over employment taxes or for attempting to evade or defeat payment of such taxes.