Penalty Abatement

The IRS and state both increase the taxpayer’s tax liability by pyramiding penalties and interest to the unpaid tax. In many cases, a taxpayer could pay the tax, but thanks to the penalties and interest, the ballooning balance quickly becomes unmanageable. Penalties and interest might be reduced or eliminated if you can demonstrate reasonable cause and prudent action. Further, we may be able to couple Penalty Abatement with an Installment Agreement and get you back on track!