What is Penalty Abatement?

Penalty Abatement can be used for both personal and payroll taxes. To qualify for a Penalty Abatement you must show that you meet the IRS Reasonable Cause Standard. If you have been assessed large penalties by the IRS, and have a good excuse or reason why you were unable to comply with IRS rules, and you acted in good faith, you may qualify for a penalty abatement. Penalty abatement cases require a knowledge of the rules and regulations and a thorough understanding of what the IRS considers reasonable cause and good faith.

We understand the process and procedures required by the IRS in penalty abatement cases.