๐๐ฏ๐๐ซ๐ฒ๐ญ๐ก๐ข๐ง๐ ๐๐จ๐ฎ ๐๐๐๐ ๐ญ๐จ ๐๐ง๐จ๐ฐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ ๐๐๐ง๐๐ฅ๐ญ๐ฒ ๐๐๐ฅ๐ข๐๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐๐ข๐ ๐ก๐ฅ๐๐ง๐๐ฌ ๐๐ก๐ข๐ฌ ๐๐๐ฑ ๐๐๐๐ฌ๐จ๐ง
IRS penalty relief programs can help taxpayers reduce or eliminate fines for late filings, underpayments, or estimated tax miscalculations. Eligibility often depends on reasonable causeโillness, natural disasters, or reliance on incorrect professional advice. Services include First-Time Penalty Abatement for those with clean compliance history and Offer-in-Compromise to settle debts for less than the full amount owed. Preparation involves compiling supporting documentation, drafting written statements of extenuating circumstances, and submitting Formโฏ843 or Formโฏ656 appropriately. Deadlines vary: request abatement within three years of the original deadline or two years after tax payment, whichever is later. Understanding IRS notices and responding promptly prevents escalation.
OICโฏTax Services in North Highlands specializes in negotiating penalty relief and guiding you through the application process with personalized support and IRS expertise.
