Penalty/Interest Abatement

One of the worst things about IRS tax controversies is that penalties and interest keep getting tacked on to your original tax bill. There are penalties for late filing, late payment, and negligence to name just a few scenarios, and the interest on unpaid taxes can really add up. If you are struggling with unpaid taxes plus additional penalties and interest, we can help. The IRS may abate certain penalties if there is reasonable cause and the failure to pay was not due to willful neglect. Many taxpayers who have not previously had major issues with the IRS can qualify for a first-time penalty waiver. Generally, the IRS does not revoke interest charges, but some established interest suspension provisions may apply – especially where the IRS has made an error. We understand that receiving notices about IRS penalties and interest can feel overwhelming. These charges often appear excessive, arbitrary and unfair. We will carefully scrutinize your tax situation to see where penalties and/or interest may qualify to be waived.