Joe has formed a partnership with three others. The partnership has six salaried employees. They are concerned with IRS penalties for not meeting tax collection and payment requirements. Joe has heard about a trust fund recovery penalty, which is assessed when certain taxes are not properly collected or not paid to IRS. The trust fund recovery penalty is:

a) 10% of the unpaid or uncollected taxes

b) 25% of the unpaid or uncollected taxes

c) Equal to the amount of unpaid or uncollected taxes

d) Twice the amount of the unpaid or uncollected taxes