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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 ...
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.
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 ...
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 ...
As both a CPA and attorney, our office always has penalty abatement requests in process. Most penalty provisions of the Internal Revenue Code have reasonable cause language ... address on the penalty ...