Penalty Abatements
(Forgiveness)
A penalty abatement request is a written request to the IRS to remove penalties, and the interest accrued on such penalties, from your tax account.
REASONABLE CAUSE
The IRS will grant an abatement of a penalty if you can prove that there was reasonable cause on your part and not willful neglect. Reasonable cause means that you were faced with an unforeseeable event beyond your control which caused you to fall behind on paying or filing your taxes. Documentation to substantiate your reasons must be provided when requested by the IRS. Some examples of reasonable cause are:
*Medical Problems, Serious Illness, Death
*Fire, Flood, Natural Disaster
*Bad Advice from a Professional
*Theft or Embezzlement
