Tax Penalties and Interest
When taxpayers are delinquent in filing taxes, or in paying the full amount owed, the IRS will assess extremely high and punitive penalties and interest. In many cases, taxpayers are able to pay the original amount of taxes owed, but the penalties and interest add up so quickly that tax relief is needed.
Penalty Abatement - Interest Abatement
If the IRS is pursuing you with notices that communicate failure to deposit, failure to pay, or failure to deposit you are likely to face a wave of tax penalties and interest that can quickly double your tax debt owed before you know it. With the assistance of experienced tax relief specialists and attorneys, you may qualify for a Penalty or Interest abatement that could save you thousands or tens of thousands of dollars.