Penalty Relief

Penalty Relief | Penalty Abatement | Penalty Removal

Penalties often constitute a huge portion of the tax liability owed by an individual or business. The fees can rack up very quickly. Even when you are prepared to pay your taxes and the accrued interest, the penalties may dramatically increase the amount you owe.

Penalties can create a huge increase in the amount you owe to the IRS. For example, with employment taxes, the IRS adds on five percent per month for five months if the returns are not filed and one percent per month of interest.

Fortunately, the penalties can be eliminated through a process called penalty abatement if you have reasonable cause for why you didn’t pay the tax or file the return. Penalty abatement can leave you with a much more manageable balance owed to the IRS.

In order to qualify, you must have a good reason for not filing your tax returns or paying taxes, which may include:

  • Medical issues
  • Records unavailable for good reason
  • Reliance on a tax professional’s advice
  • Innocent spouse

We have designed a program to represent you throughout each of the steps necessary to obtain penalty relief. Tax penalties are often a large portion of your business or personal tax liability, and we know that those penalties can add up fast. The majority of taxpayers can pay their original taxes plus the interest, but the added tax penalties can make it hard to resolve the complete tax liability.

Tax help

As tax penalties accrue, they can increase your tax liability enormously. The IRS adds a penalty of five percent per month for unfiled employment tax returns for a total of five months. Other penalties also are huge. You can clearly see how quickly these penalties add up, creating an insurmountable account balance.

Fortunately, Martelle, Bratton & Associates, P.A. knows how to clear these tax penalties.

IRS tax help with penalty abatement

IRS penalty abatement is a program that reduces or removes penalties from your tax liability.

You must qualify for this program by providing a valid explanation for not filing your tax returns or paying taxes, which may include:

  • Reliance on the advice of a tax professional
  • Medical issues
  • Innocent spouse
  • Records unavailable for good reason