IRS Penalties: What Happens If I Incur IRS Penalties?

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Education & Training with Apex Tax Defense LLC

I focus my practice on tax resolution, representing taxpayers in Colorado, Florida, Texas, New York, California and elsewhere. It seems like virtually every single day I receive a notice on behalf of one of my clients from the IRS, and it contains penalties owed.

The IRS has over 148 different types of penalties they can hit you with. And the worst part is that the IRS can also charge interest and additional penalties on the original penalty.

Penalties can be such a high percentage of the total amount owed to the IRS, it usually makes sense to consider requesting the IRS to reduce all penalties to ZERO.

IRS penalties can often be reduced to ZERO if you have REASONABLE CAUSE.  What makes up REASONABLE CAUSE you ask?  Well, in our experience in negotiations with the IRS, anything may qualify as long as it’s reasonable.

We’ve had the IRS abate penalties for medical reasons, bad accountants, and ignorance of the tax laws, ex-spouses, helping to provide care for a loved one, military call-ups, fires, floods, alcoholism, drug abuse, death and even for relying on IRS advice.

If you or someone you know has back taxes to deal with, don't hesitate to contact us immediately at 303-499-2700 or by email at mmoran@apextaxdefense.com.

 

Michael Moran, CEO, EA

Apex Tax Defense LLC

825 S Broadway Boulder, CO 80305

Phone: 303-499-2700 Fax: 888-478-7627

mmoran@apextaxdefense.com

www.apextaxdefense.com

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