Penalty Abatement and Tax Resolution Services by Dayes Law Firm
https://dayeslawfirm.com/2024/08/28/penalty-abatement-and-tax-resolution/
Dayes Law Firm assists clients in settling tax debts and offers various settlement services, including penalty abatement. Penalty abatement can be a crucial element of tax resolution, providing relief from penalties and interest on unpaid taxes.
What is Penalty Abatement? Penalty abatement involves requesting a reduction or removal of penalties and interest charged by the IRS for unpaid taxes. This relief is available to clients who have a reasonable cause for failing to file or pay taxes on time, such as:
Natural disasters or civil disturbances
Inability to obtain necessary records
Death, serious illness, or unavoidable absence of the taxpayer or their immediate family
System issues delaying electronic filing or payment
The IRS may grant penalty relief if you demonstrate that you exercised ordinary care and prudence but were still unable to comply with tax laws.
How to Get Penalty Abatement You can request penalty abatement over the phone or by submitting Form 843, Claim for Refund and Request for Abatement. It's essential to determine if penalty abatement is the best option for your situation, as other tax resolution solutions may be available. A tax attorney specializing in back tax resolution can guide you through the process and help you choose the most appropriate course of action.
Working with a law firm like Dayes Law Firm, which offers customized and affordable tax resolution solutions, can help you resolve tax debt issues and comply with IRS requirements.
For more information or a free consultation, contact Dayes Law Firm at 866-875-1005.