Penalty Abatement (Forgiveness)
If you are reading this, you’ve probably learned the hard way how a relatively small, relatively manageable, tax debt can quickly compound out of control. IRS Penalties and Interest are the major culprits that can quickly double or triple a tax liability. Penalty Abatement is a specific, written request directed to the IRS that is carefully designed to achieve relief from penalties as well as the interest that has accrued from those penalties.
As is so often the case, the on-line “offer mills” that seem to be everywhere promise miracles. There are no miracles regarding the forgiveness of IRS penalties. The stipulations put forth by the IRS regarding Penalty Abatement are strict and specific. Reasonable Cause is the criterion. The professionals at Confidential Tax Resolution are well-versed in framing your argument, explaining your particular circumstances or hardship and untangling the assessed penalties. We do it every day. When we are working for you, you can be assured that our focus is to always put forward the strongest argument for forgiveness – then back it with applicable statutes and relevant case law. Experience counts in this area and, very often, you only have one shot at relief from penalties. It’s vital to act decisively and present a well-reasoned and documented argument. In fact, we specialize in these negotiations and have an extremely high percent of success in getting IRS penalties forgiven. We will also give you the straight facts and an accurate assessment of your situation. For more information, just call us.

