Penalty Abatement
In 2003, the IRS issued over $18,000,000,000.00 (that’s 18 Billion Dollars) in penalties!
If you’re one of these taxpayers, there is hope. Taxpayers that are hit with IRS penalties can request the penalties to be abated. Abated means to completely or partially remove or forgive. In many cases where a taxpayer requests abatement, the IRS removes 100% of the penalty.
- The IRS requires that you have a good reason to request penalty abatement. What qualifies as a good reason?
- It depends on the circumstances involved with your particular situation.
- The IRS procedures for deciding who qualifies for penalty abatement and for what reason seem to differ in each case.
- The best thing you can do is to request that the IRS abate your penalties by providing the circumstances surrounding your situation
Because relief from accrued penalties and interest is based more on stated representations rather than financial hardship, terms for a successful penalty abatement are very specific. More so than any other, this program involves a great deal of skill to successfully navigate the IRS protocol and bring resolution. If applied for correctly and effectively, results are substantial; savings are usually thousands of dollars for the average taxpayer.
Let Premier Tax Resolutions help you SETTLE your tax debt and END your tax problems now, fill out the form and an experienced Tax Resolution Consultant will contact you for a FREE, confidential consultation or call us now toll free at 1.800.554.0146.
There is no obligation, so what are you waiting for, settle your tax debt today!




