Tax Resolution Guides

Tax Resolution Services Is A Penalty Abatement Possible

Your IRS debt can grow quickly as interest and penalty abatement are added to the amount owed. However, it is possible to challenge these amounts and in many cases reduce or eliminate them.

Penalty Abatement is based on your claim that circumstances beyond your control led to your IRS debt.  If you can prove that you had reasonable cause not to make your payments and showed due diligence and no neglect in attempting to repay your debt, then you may be able to reduce your penalties.

Some of the possible reasons for not paying your tax debt are:

  • Serious Illness, Death, or Unavoidable Absence
  • Unable to Obtain Records
  • Incorrect Advice from a competent tax professional
  • Incorrect advice directly from the IRS, written or oral
  • Fire, Casualty, Natural Disaster, Other Disturbance

Your Levy and Associates expert will meet with you to discuss the details of your situation. We will help you gather the necessary receipts, documents and forms to assemble a Penalty Abatement Request. If penalties and interest were paid incorrectly, you might qualify for a tax refund.

For more information on Penalty Abatement or any other IRS Tax matters, please fill out the form to the right or click on the button below and someone from our A+ BBB Rated staff will contact you shortly.

Contact Levy & Associates for Dependable Tax Audit Services

Levy & Associates is available for free initial consultations. We’re happy to answer any questions you have about the audit process or address any concerns about your specific situation.

There’s never a good time to be audited, and the time-consuming process will take away from your business or family if you try to face it alone. Let us handle and coordinate communication, so you can return to your daily life.