Penalty Abatement with the IRS

What is Penalty Abatement? 

Penalty abatement is an IRS provision that offers relief from penalties for taxpayers who have failed to comply with tax laws under certain conditions.

Person Resolving Back Tax Liabilities

Situations Qualifying for Penalty Abatement

  • Reasonable Cause: Includes serious illness, incapacitation, natural disasters, and inability to obtain necessary records.
  • Statutory Exceptions: Specific instances where law permits penalty exceptions.
  • Administrative Waivers: Relief based on administrative policies like the First-Time Penalty Abatement policy.
  • Correction of IRS Errors: Abatement requests when penalties result from IRS mistakes.

First-Time Penalty Abatement

  • This is designed for taxpayers with no prior penalties or significant compliance issues.
  • Applicable to certain penalties for failing to file, pay on time, or deposit taxes as required.

The Abatement Request Process

  • Submitting a formal request to the IRS with supporting documentation.
  • The IRS assesses each case individually.

Kick Tax Pro’s Role

We offer expert assistance in navigating the penalty abatement process. 

Your Partner in Resolution

From gathering documentation to representing you before the IRS, we aim to present your case effectively, increasing the likelihood of a favorable resolution.

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