Navigate Tax Penalties with Penalty Abatement
The IRS can assess penalties for various reasons, like late filing, late payment, or inaccurate reporting. While penalties can be costly, the IRS can sometimes waive them if you have a valid reason for the noncompliance. At Eddie Money Tax Resolution, we can help you determine if you qualify for penalty abatement and work to have your penalties reduced or eliminated.
Here's How We Can Help
Assess your situation
We'll review your circumstances, including the specific penalty you're facing, your tax return, and any relevant documentation.
Determine potential grounds for abatement
We'll help you identify if you qualify for penalty abatement based on factors like reasonable cause, reliance on others, or lack of willfulness.
Prepare and file the necessary forms
We'll prepare and file the appropriate forms with the IRS on your behalf, clearly explaining your case and supporting documentation.
Negotiate with the IRS
We'll advocate for your best interests and work to negotiate a favorable outcome with the IRS.
What Penalty Abatement Means
You may be relieved of certain penalties
The IRS can waive penalties if you demonstrate reasonable cause for the noncompliance or if you were relying on advice from a professional.
You can save Money
Penalty abatement can significantly reduce your overall tax liability.
You can avoid further penalties
By addressing the issue early, you can prevent further penalty accrual.
What You Need to Do
Contact us immediately.
The sooner you reach out, the sooner we can start working on a solution.
Provide us with all relevant information.
This includes your income, expenses, assets, tax debt details, and any recent IRS correspondence.
Sign a Power of Attorney.
This authorizes us to act on your behalf with the IRS
Don't let unfair penalties burden your finances. Contact us today for a free consultation. We'll help you explore your options for penalty abatement and secure the best possible outcome.
Phone: (856) 477-4357 | Email: eddiemoneytaxresolution@gmail.com
Service Areas: Wayne County, Michigan, Oakland County, 75 Radius Excluding Canada