Taxpayers who have had penalties imposed by the Internal Revenue Service have the opportunity for a one-off remission of the penalties in certain circumstances.
Taxpayers with a good filing history may have late payment and late filing penalties removed through a call to the Internal Revenue Service on a one-off basis.
Taxpayers who are filing prior-year returns may write to the Internal Revenue Service advising of the reason that the returns are being filed late, and request penalty remission for the earliest year for which they are filing a United States income tax return.
The Internal Revenue Service usually will not abate penalties for one year should there have been prior year penalties.
Remission of penalties is available once, for one return, for one year.
For assistance with remission of penalties please contact us. We have successfully achieved remission of penalties for many taxpayers.