AM I QUALIFIED FOR A FIRST-TIME PENALTY ABATEMENT?
If you can show that you have a good reason for the IRS to consider waiving or reducing penalty fees, you might be able to obtain penalty abatement.
You may qualify you for relief if you have:
Not previously had to file a return or if you have no penalties for at least three tax years prior to this current penalty
Filed all current returns or have applied for an extension of time to file these returns
Arranged to pay or have paid any tax dues
In addition, if you were unable to pay on time due to circumstances that you couldn't control, such as unemployment, a family illness or death, imprisonment, or a natural disaster, you may be able to get the IRS to consider waiving the penalties.
To find out if a First-Time Penalty Abatement might be a good solution for you, get in touch with our experienced Oklahoma tax lawyers. We are known for our thorough and comprehensive customer service. You can expect prompt responses and updates throughout every step of your case.
Don't wait to get started on your case. Contact us today.