Arizona’s Tax Debt Advisors, Inc.—Is IRS Penalty Abatement Possible?
IRS Penalty Abatement Scottsdale AZ
Arizona IRS penalty abatement is not only possible but must always be considered before entering into a settlement option. The IRS has over 100 penalties that they use to encourage compliance to file of tax returns on time and making prompt payment of amounts due. Penalties can exceed the amount of the actual tax in some cases.
The IRS will abate penalties is you can prove “reasonable cause.” Having an excellent past track record of filing and paying on time will help your case immensely. Rarely is interest on the tax debt abated but the interest on the amount of penalty abated will be eliminated. Often you will have to take your case to the IRS Office of Appeals in Arizona to be successful.
IRS penalty abatement almost always requires professional assistance. Scott Allen E.A. near Scottsdale AZ will evaluate your chances of success. Call Scott today at 480-926-9300 to schedule a free initial, in office, appointment