Abatement of Tax Penalties

Another service that has been successfully provided time and again by Jozwiak Law is negotiating the abatement of large tax penalties, assessed against our clients by the IRS. Typically these penalties are assessed for:

• late filing
• late payment
• responsible person
• various payroll taxes
• various sales taxes
• negligence
• civil tax fraud
• substantial understatement

It is not unheard of in many cases for penalties to be assessed by the IRS that far exceed the actual amount of the alleged taxes themselves. These types of assessments, needless to say, can have an enormous impact on a taxpayer or a business's financial health.

Anyone who has been assessed, or has already paid, a tax penalty that they feel is inappropriate or erroneous should consult with a tax attorney as soon as possible. Time is against the taxpayer's best interest most of the time, and affords the government a distinct advantage. However, options do exist to assist in the abatement or refund of assessments and penalties that have already been paid by the taxpayer. But, to exercise your right, you must act quickly. Again, time is not on your side.

If you feel that any of this applies to you or your situation, do not hesitate to call us for an appointment.