The Internal Revenue Service (IRS) assesses penalties to the taxpayer for failing to comply with among other things, the late filing of a tax return, late payment of tax, negligence, substantial underpayment of tax; and civil fraud. However, portions of or all penalties assessed by the IRS may be waived or abated through a penalty abatement request when you can establish reasonable cause. Reasonable cause, although subjective, is the reason you, the taxpayer, were unable to file the tax return, pay tax owed, or made mistakes when attempting to prepare an accurate return.

Experienced Chicago Penalty Abatement Tax Attorney

If you suspect you are being charged an unfair penalty, seek out legal counsel immediately. The sooner you file your penalty abatement request the sooner you find out if your balance can be reduced. The Law Office of Michael C. Whelan JD CPA will review your case looking for particular characteristics of your situation that may qualify you for a tax penalty abatement.

Contact the offices of Michael C. Whelan JD CPA at (847) 298-9275 to schedule an appointment for a consultation.