Category: Tax Penalties

What is Penalty Abatement and How Does it Work?

IRS tax penalty relief

Are you late filing or paying your taxes? Are you concerned about penalties? Has the IRS contacted you about late taxes? If you answered yes to any of these questions, you are not alone.  Late filing or payment of taxes typically causes severe penalties from the IRS.  However, certain circumstances can cause the IRS to… Read more »

How to Reduce Your Payroll Tax Penalties

payroll tax penalty

Failure to submit payroll taxes to the IRS can result in penalties against you and your business.  If you have a valid reason as to why the taxes were not paid, the federal agency may consider waiving or reducing your penalties.  With the guidance of your tax attorney, you can try to get your penalties… Read more »

What to do if you are Accused of Tax Evasion

tax evasion

Tax evasion is a criminal offense that can result in severe penalties – even jail time.  If you are accused of committing tax evasion you should not take the charges lightly.  It is essential to take the right actions immediately to put together the best defense as possible.  Take a look at these steps you… Read more »

Have Unfiled Tax Returns? Here are A Few Ways a Tax Attorney Can Help

Failure to file

Do you have previous tax returns that you have not filed?  Perhaps this was due to procrastination or in a misguided attempt to avoid paying taxes?  To limit the penalties the IRS can assess, including criminal charges, it is of the upmost importance that you act quickly to remedy this situation. The very first step… Read more »

Reasonable Cause Qualifications for IRS Penalty Abatements

penalty abatement

If you are facing penalties from the IRS for paying or filing your taxes late, you have some options to get those assessments removed.  Reasonable cause is one method to getting penalty abatement. Learn more about reasonable cause and how to qualify for it. Key Insights We Will Discuss What is reasonable cause? How to… Read more »