The number of taxpayers being assessed IRS penalties continues to increase due to pandemic, the economy, as well as problems experienced by the IRS. I often get the questions as to how to I remove these penalties? The two main methods are using the First Time Abatement (FTA) or Reasonable Cause Options. In this You Tube video, I walk you through both of those options. You can find more information about Penalty abatement on our website.
If you’d like to schedule 15 minutes to see if we can help you with your IRS issues either through directly representing you before the IRS or with our DIY option, book 15 minutes on my calendar at https://meetme.so/BobJablonsky