MORE: What to do if you receive a letter ... penalty abatement if you have: In other words, according to Shirshikov, the IRS will look at your overall compliance history, whether a reasonable ...

There will likely be a number on the upper right-hand side of the letter ... first-time penalty abatement, you might want to see if you qualify for penalty relief due to reasonable cause.

The IRS Reasonable ... nature of the penalty, your reason for the abatement (along with supporting documents), and your contact information. Several websites offer a sample letter that you can ...

While this approach is not a guaranteed method for relief, it may be the starting point for a reasonable-cause request and establishes ... the AICPA has created a custom penalty abatement letter for ...

No penalty is imposed if the taxpayer shows that the failure to file the tax return is due to reasonable cause (Sec. 6652(c)(4)) and not willful ... Whether attaching a statement with Form 990 or ...

Delaying collections until active and pending penalty abatements have been processed is “already part of the IRS’s procedure.” The letter ... the reasonable cause (RC) abatement process ...

Taxpayers can also request FTAs by submitting IRS Form 843, "Claim for Refund and Request for Abatement by mail. Taxpayers can also grant reasonable cause penalty abatements for things like ...

Even when taxpayers reach the point of the IRS considering their reasonable cause statements, it has become harder to prevail in their pursuit of penalty abatement. Phillip Colasanto of ...