We have recently received updated transcripts from the IRS and are working on a detailed analysis of your account, itemizing the historical penalty fees assessed to your tax liabilities.
In brief summary, there are two primary avenues to requesting penalty abatement from the IRS; you can submit the petition based on a history of good compliance and/or your appeal can be based on reasonable cause. In order to be eligible, each type of penalty abatement has specific qualifying criteria that must be met.
The next step is to schedule a phone call so we can discuss your tax analysis report and determine how to proceed with any request for penalty abatement from the IRS.
We look forward to speaking with you soon.
Not interested in pursuing penalty abatement? Click here to submit an opt-out form.