Save money with a qualified IRS penalty abatement.
You don’t have to keep paying high IRS interest and penalties on your tax debt and worry about the threat of forced collections. There is another way. When you hire us to represent your tax relief issue, we can approach the taxing authorities and request an abatement on penalties and associated interest. This means spiraling IRS penalties and interest are controlled and the threat of forced collections is quelled. However, the terms for successful penalty abatement are very specific.
How IRS Penalties and Interest Works
- IRS penalties & interest are the majority of most tax liabilities
- The IRS interest rate is the federal lending rate plus 3%
- Penalties are up to 5% a month, and grow continually until repaid
- Combined, IRS penalties & interest can dwarf most credit card rates
Whats the next step?
The first step towards successful resolution is to acknowledge that your tax debt will continue to grow and to seek professional assistance. Our firm of tax professionals has helped thousands of individuals and businesses just like you stop forced collections and finally resolve their tax debt.