๐๐ก๐๐ญ ๐๐ฏ๐๐ซ๐ฒ ๐๐๐ฑ๐ฉ๐๐ฒ๐๐ซ ๐๐๐๐๐ฌ ๐ญ๐จ ๐๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ ๐๐๐ง๐๐ฅ๐ญ๐ฒ ๐๐๐๐ญ๐๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐ข๐ง ๐๐จ๐ซ๐ญ๐ก ๐๐ข๐ ๐ก๐ฅ๐๐ง๐๐ฌ
IRS penalty abatement services can reduce or remove fines for late filings, underpayments, and estimated tax errors. Eligibility often hinges on reasonable causeโillness, natural disaster, or reliance on inaccurate professional adviceโdocumented through supporting affidavits, medical records, or correspondence. FirstโTime Abatement applies to those with three consecutive years of clean filing history, while the Offer in Compromise can settle liabilities for less than the full amount owed. The abatement process requires submitting Formโฏ843 (Claim for Refund) or Formโฏ656 (Offer in Compromise) with detailed statements and financial disclosures. Deadlines vary: penalty relief claims must be filed within three years of the original due date or two years from payment date, whichever is later.
OICโฏTax Services in North Highlands specializes in IRS penalty abatement, guiding clients through forms, negotiations, and appeals for maximum relief.