Civil Tax Penalties

IRS assesses penalties and interest on tax liabilities in order to increase taxes due years ago from hundreds to thousands of dollars. The IRS will sometimes lower or eliminate these fees with a well worded request by your tax attorney.

Tax Penalty Abatement

The Internal Revenue Code allows for abatement of any penalties associated with the late filing of a return, late payment of tax and late deposit of tax. However, the Code defines a list of compelling circumstances and “reasonable cause’s criteria” that must be met. Portions of the interest associated with these penalties can also be abated.

It is important to have a tax attorney file the necessary forms because submitting for a Penalty Abatement is usually a “one-time” shot.

We Can Help You

At Guzhva Law Firm, we are providing thoughtful solutions and measurable value to each individual situation. Because U.S. tax law and regulations are complicated and constantly changing, it is important that you obtain up to date information about the provisions that apply to you to prevent costly mistakes.

There are specific guidelines that have to be met and forms that need to be submitted in order for this process to work. We can work with the IRS to reduce your tax liability and establish a payment plan or other settlement.

To schedule a free phone consultation with an IRS collections attorney, please contact us today. With offices in Bellevue, we work with tax clients throughout Seattle and Washington State, and elsewhere.