Reduce Your IRS Debt: Penalty Abatement Available
Penalties can account for 25-50% of what you owe. We get them removed through reasonable cause and first-time abatement.
Critical Deadline
Must be requested before collection statute expires (typically 10 years)
Note: Strategy Sessions require a $250 analysis fee, applied 100% toward your final service.
Understanding Penalty Abatement
IRS penalty abatement removes or reduces penalties assessed on your tax account. Penalties for failure to file, failure to pay, and accuracy-related issues can add 25-50% to your tax debt. The IRS offers penalty relief through 'reasonable cause' (circumstances beyond your control like illness or natural disaster) and 'first-time abatement' (clean compliance history). We identify the best approach and document your case for maximum penalty reduction.
IRS Authority: IRC § 6651, IRC § 6662, IRM 20.1
What Happens If You Don't Act
How The Tax Pro Advisor Resolves This
Helping Austin and Leander business owners resolve penalty abatement issues with proven strategies and direct IRS representation.
IRS Forms & Documents We Prepare
Frequently Asked Questions
What is IRS penalty abatement?
Penalty abatement is the removal or reduction of IRS penalties. It's available for reasonable cause (circumstances beyond your control) or through first-time abatement for taxpayers with a clean prior compliance history.
How long do I have to request penalty abatement?
Penalty abatement can be requested anytime before the collection statute expires (typically 10 years from assessment). For refund of penalties already paid, you must request within 2 years of payment.
Can I settle this for less than I owe?
Penalty abatement directly reduces what you owe—often by 25-50%. Combined with interest reduction on the abated penalties, this significantly lowers your total liability.
Related IRS Issues
Don't Wait Until It's Too Late
The longer you wait, the fewer options you have. Get a free, confidential consultation to understand your situation and next steps.
Note: Strategy Sessions require a $250 analysis fee, applied 100% toward your final service.