IRS Penalty Abatement: When Reasonable Cause Can Remove Your Penalties
Received an IRS penalty notice? Reasonable cause may support removal of certain penalties, but the outcome depends on the penalty involved, the facts that prevented compliance, and the available documentation. Learn how IRS penalty abatement works and when professional representation may help.
The Kwong Case, COVID 19 Penalty Refund Claims, and Why Taxpayers Should Proceed Carefully
The Kwong case has created interest in COVID 19 tax penalty refund claims. Learn the IRS position, protective claim rules, and why First Time Abatement or reasonable cause relief may be better options.