IRS Penalty Abatement

Are you a provider?

What it’s worth

Eliminating penalties — and the interest that accrues on them — can recover a meaningful share of an IRS balance for a modest fee.

How often you need it

As needed — one engagement per penalty or notice, usually after a late filing, payment, or deposit has been assessed.

What you provide

Provide the IRS notices you have received and authorise the provider to read your account transcripts; the provider prepares and submits the request.

Risks to know

Relief is not guaranteed — first-time abatement depends on a clean prior history, and reasonable cause has to be shown for each penalty; interest on the underlying tax is not abated.When it matters: When the request is filed, and again if the IRS asks for more support.

Helpful reading

• The IRS penalty notice or notices you received
• Federal returns for the affected tax years
• IRS account transcripts for those years, if you have them
• Any correspondence already exchanged with the IRS about the penalty
• Records supporting reasonable cause — medical, disaster, or reliance documentation