Frequently Asked Questions – Penalties And Interest – Killer What To Do

I RECEIVED AN IRS NOTICE CLAIMING PENALTIES!

If you disagree, and the amount is significant enough, you can:

a) review the IRS’s reasons for penalty relief and file an appeal.

b) pay them and file a claim for refund on form 843.

THE IRS ADDED EVEN MORE PENALTIES WHAT DO I DO?

Penalties will continue to add on past due taxes.

There are also penalties for not filing required documents.

IRS CHARGED ME TRUST FUND PENALTIES??

Are you liable? Call R.O. and prove your case – file appeal of trust fund.

IRS ADDED INTEREST TO MY BILL!

The following are acceptable reasons to remove interest:

• IRS delay in processing.
• IRS error.
• IRS issued erroneous refund.

I HAVEN’T FILE MY TAX RETURNS! I AM SCARED OF PENALTIES! WILL THE IRS CHARGE ME PENALTIES FOR NOT FILING MY TAX RETURNS ON TIME?

There is a penalty for not filing your taxes before the deadline. Failure to file penalty is charged from the date your tax returns were due until the date they receive them.

REMOVE MY IRS PENALTIES!

Call us and we will start working on it!

I OWE IRS BACK TAXES! I CAN’T PAY THE AMOUNT IN FULL! DO I HAVE TO PAY PENALTIES IF I SET UP AN INSTALLMENT AGREEMENT?

The IRS will charge you penalties for the amount unpaid, until you pay off your tax debt.

HOW DO I REDUCE IRS PENALTIES?

It’s easy.

REDUCING OR ELIMINATING IRS TAX PENALTIES! HOW CAN I REDUCE OR REMOVE PENALTIES?

You can apply for a Penalty Abatement . You must convince the IRS why your penalties should be reduced or removed.

DOES PENALTY ABATEMENT HELP TAXPAYERS TO SOLVE THEIR BACK TAXES? GOOD REASONS TO REQUEST AN IRS PENALTY ABATEMENT!

The IRS may agree to reduce or remove your penalties, if you encountered major problems, disasters, if you had a serious illness, or you were financially unable to pay your taxes in time. Other reasons concerning your inability to pay may be accepted.