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Don't Settle Your IRS Penalties Without Exploring Abatement Services

IRS penalties can quickly turn into a major financial headache if not addressed promptly. Our team understands the stress these penalties can put on your overall financial well-being. Get targeted, efficient, and clear strategies for penalty abatement and slash your tax burdens. Don’t let penalties deepen your financial stress—seek assistance before it's too late.
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Tax Services

  • Tax Liens
  • Notice of Seizure
  • Installment Agreement
  • Offer in Compromise
  • Currently Not Collectible
  • Payroll Tax Liability
  • Trust Fund Recovery Penalty
  • Request for Penalty Abatement
  • International Collection Issues
  • Unfiled Tax Returns

Understanding IRS Penalties

IRS penalties are charges imposed on taxpayers for various violations of tax laws. These penalties can include late filing penalties, failure to pay penalties, accuracy-related penalties, and more.

Types of IRS Penalties

The IRS may issue penalties for various tax filing and payment mistakes. Here’s a breakdown of some common ones:
  • Information Return Penalty: This applies if you don't file required information returns or payee statements correctly or on time. (e.g., W-2 forms for employees)
  • Failure to File Penalty: This occurs when you miss the deadline to file your tax return. A penalty of 5% of the unpaid tax is charged each month (or part of a month) that the filing is late, up to a maximum of 25%.
  • Failure to Pay Penalty: Assessed when you don't pay the taxes you owe by the due date. A penalty of 0.5% per month is charged on the unpaid amount, up to a maximum of 25%. This penalty accrues from the payment due date until the total tax amount is paid.
  • Accuracy-Related Penalty: This applies if you underreport income or claim incorrect deductions or credits. Typically, this is 20% of the underpayment that results from errors due to negligence or a substantial understatement of income.
  • Erroneous Refund/Credit Penalty: Issued when you claim an excessive refund or credit without reasonable cause.
  • Failure to Deposit Penalty:This applies to businesses that don't pay employment taxes accurately or on time. The penalty rate ranges from 2% to 15%, depending on how late the deposit is.
  • Tax Preparer Penalties: Target tax preparers who engage in misconduct.
  • Dishonored Payment Penalty: Assessed when your payment (check, etc.) is rejected by your bank.
  • Underpayment of Estimated Tax: This applies to both individuals and corporations who don't pay estimated taxes accurately or on time.
  • International Information Reporting Penalty: This applies to taxpayers who fail to report foreign financial activity accurately and on time.

Wondering how to get IRS Penalties reduced?

If you’re struggling with IRS penalties, rest assured that there are various types of penalty relief available tailored to your specific situation, offering potential solutions to alleviate your financial burden.

First-Time Penalty Abate and Administrative Waiver

If it’s your first time facing this penalty, the IRS might forgive it as a one-time exception. Also, if there’s an administrative error on the IRS’s part, they may waive the penalty.

Reasonable Cause

If you have a valid reason for not meeting your tax obligations, like a serious illness or a natural disaster, the IRS may reduce or eliminate the penalty.

Statutory Exception

In some cases, the law provides specific exceptions where penalties can be reduced or waived altogether. If your situation falls under one of these exceptions, you may qualify for penalty relief.

No matter if it's your first time dealing with IRS penalties or you're facing a more severe situation, Salinger Tax Consultants has the expertise to help out

Our team knows the ins and outs of IRS penalties and can help you find the best way to tackle them, ensuring you get the relief you need. Contact us today to find relief and regain control of your finances.
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Choose Us if You are Struggling with IRS penalties!

Extensive Legal Expertise: With decades of experience in IRS penalty abatement, our lead attorney possesses in-depth knowledge of tax laws and regulations. This wealth of experience ensures effective representation and advocacy on your behalf to reduce or eliminate IRS penalties.

Certified Tax Resolution Specialists: Our team includes certified tax resolution specialists recognized for their expertise in negotiating with the IRS. This professional accreditation assures you that your case is in capable hands, with specialists dedicated to achieving the best possible outcome for you.

Proven Success Record: We have a strong track record of successfully resolving IRS penalty cases, saving our clients substantial amounts of money. Our history of achieving favorable outcomes demonstrates our commitment to delivering results and providing relief from IRS penalties.

Industry Recognition: Our team is widely respected in the field of tax resolution, with our lead attorney frequently sought after as a speaker and authority on IRS penalty abatement. This recognition underscores our reputation for excellence and positions us as leaders in the industry.

Client-Centric Approach: At our firm, client success is our top priority. We take a personalized approach to every case, tailoring our strategies to your unique circumstances and goals. Our focus is not only on resolving your current IRS penalties but also on empowering you with the knowledge and tools to prevent future tax issues.

Need help with IRS Penalty Abatement Forms? Find Assistance here!

FREE Consultation Call

Begin with a complimentary discovery call with one of our IRS tax resolution specialists. This call focuses on understanding your situation and discussing how our expertise can benefit you. It's your chance to ask questions and learn how we can help you overcome IRS penalties.

Thorough Evaluation

We conduct a detailed assessment of your financial circumstances and the IRS penalties you're facing. This evaluation involves reviewing your tax history, penalty notices, and other relevant documents to identify the best strategies for reducing or eliminating your IRS penalties.

Blueprint of Action Plan

Following the evaluation, we develop a customized action plan outlining specific steps to address your IRS penalties effectively. This plan is designed not only to resolve your current penalties but also to safeguard your finances against future issues. We'll walk you through the plan to ensure you understand and are comfortable with our approach.

Proactive Representation

Upon your approval, we initiate the action plan, taking proactive steps to negotiate with the IRS on your behalf or represent you in any necessary legal proceedings. Our goal is to navigate the complexities of IRS penalty abatement swiftly and efficiently, striving for the best possible outcome for you.

Sustained Assistance and Financial Counseling

Resolving your IRS penalties is a significant achievement, but our support doesn't end there. We'll explain the outcomes to you and provide guidance on managing your finances to prevent future penalties. We're committed to helping you maintain your financial well-being beyond resolving your IRS penalties.

FAQs

What types of penalties can be abated by the IRS?

Peter Salinger assists clients in seeking abatement for various IRS penalties, including late filing penalties, failure to pay penalties, accuracy-related penalties, and more. Whether you’re facing penalties for individual or business taxes, Peter Salinger can help navigate the process of requesting penalty abatement from the IRS.

How can I qualify for IRS penalty abatement?
To qualify for IRS penalty abatement, you typically need to demonstrate reasonable cause for the penalty or show that you’ve taken corrective actions to address the issue. Peter Salinger’s team will carefully evaluate your circumstances to determine eligibility and guide you through the necessary steps to request abatement.
What is the process for requesting a penalty abatement from the IRS?
Peter Salinger’s team will handle the process of requesting penalty abatement from the IRS on your behalf. This includes gathering relevant documentation, preparing the necessary forms, such as the IRS penalty abatement form, and communicating with the IRS to advocate for your case. Throughout the process, Peter Salinger’s goal is to achieve the best possible outcome for you.
Can penalty abatement be requested for both individual and business taxes?
Yes, penalty abatement can be requested for both individual and business taxes. Whether you’ve faced penalties like late filing, underpayment, or inaccurate reporting, you may qualify for penalty abatement. Peter Salinger provides IRS penalty abatement services, helping them navigate the process effectively.
Are there any time limits for applying for IRS penalty abatement?
While there are no specific time limits for applying for IRS penalty abatement, it’s essential to act promptly to address any penalties you may be facing. Peter Salinger’s team will work efficiently to initiate the abatement process and strive to resolve your IRS penalties as quickly as possible.
Testimonials

Don’t Believe us, Believe them

Peter is outstanding in every way—he responded within minutes to my request for assistance, and his calm, professional demeanor made for a very positive experience. His 33+ years of experience at the IRS are apparent when you work with Peter—he literally knows everything about the federal tax system, and that gave me confidence as he handled my case and got me the best outcome….

Lynne T

Internal Revenue Service

Mr. Salinger is one of the most professional tax attorneys I ever met. Good communication, great setting expectations, always on time and resolved the issue amid a government shutdown. Thank you so much for helping us out. My family and I will always be thankful for what you did.

Marcio R

Internal Revenue Service

Peter was incredible to work with—his 30+ years experience within the IRS were very apparent as he analyzed the details of my case. Peter was able to get my tax matter resolved favorably and quickly and kept me up to date throughout the process. Peter is an exceptional professional and an excellent advocate for tax concerns!

Madelynne R

Internal Revenue Service

Peter was amazing to work with. He was very knowledgeable and always available to help us. He was able to resolve our situation in the best way possible for us and I can’t recommend him enough. He was also very patient and explained everything in a way we could understand. I always felt that he had our best interest at heart and I couldn’t be happier that we met him and worked with him.

Eralda Ro

Internal Revenue Service

Peter was able to get late payment penalties waived for me. He helped me figure out how much I owed in taxes and he was able to get me into a monthly payment plan

Elissa S

Internal Revenue Service

Peter efficiently negotiated with revenue officer to resolve our issues. Highly recommended!

Mr. Peter Salinger, EA Was a delight to work with! To say I was confused is an understatement. Mr. S took the time to explain (in plain understandable language) the steps in the process. He is prompt, efficient and knowledgeable. I would HIGHLY RECOMMEND his services to anyone. Thank you Mr. S !!!!!

Peter was fantastic. I was really anxious about a large amount of taxes that I owed but couldn’t pay back immediately. I had tried to help myself and spent thousands on an agent that took advantage of me. Peter always explained everything to me carefully and answered any questions I had, anytime I had them. People think that they understand how the IRS works, but they don’t. It takes a person that was on the Frontline to truly navigate a complicated system…

The resolution of my brother’s tax issues were addressed expeditiously, and resolved in a timely fashion. All correspondence with Mr Salinger was positive and professional. I would highly recommend his services.

Peter was great! He helped me with a tax issue that I had never encountered before and I really needed someone with experience to put my mind at ease. I had lots of questions bout terms and processes and didn’t know how to get answers. From the moment I spoke with Peter, he was understanding, helpful…

Lanice H

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