Whilst, not all IRS notices are bad news, receiving a notice advising of a penalty is not pleasant.

We may be able to be of assistance with the removal of a penalty such as a late filing penalty in certain circumstances. We indeed had a successful outcome today with reversal of a significant penalty for a late-filed 2011 partnership return. The penalty was $195 per partner per month for up to 12 months.

It is advisable to check before paying the penalty as to whether there may be some relief available. No guarantees, however, we’ll do our best.