Penalties For Tax Preparers

Under current law, a tax return preparer is liable for a penalty under Code Sec. 6694(b) equal to the greater of $5,000 or 50 percent of the income derived by the preparer if any part of the understatement of tax on the return is due to a willful attempt by the tax return preparer to understate the tax liability on the return, or any reckless or intentional disregard of rules or regulations.

At the Baker Law Firm, P.C., located in Danbury Connecticut, our Danbury tax preparer penalties attorney, Fred L. Baker, will develop and marshal the facts, research the law, regulations and case law, and provide the tax return preparer a vigorous and persuasive defense to the assertion of preparer's penalties.

Skilled Connecticut Tax Preparer Liability Attorney

We can help you if you are facing penalties related to:

  • Individual tax returns
  • Business tax returns
  • Estate tax returns

Our lawyer can help you make the appropriate arguments relevant to your situation. We can also help you with amending a tax return so it conforms to requirements. We will work with you and the relevant authorities to resolve the issue with minimal disruption to your life. Our goal is to avoid criminal tax implications and any unnecessary damage to your reputation, business, or other aspect of your life.

Experience Matters When It Comes To Tax Collection Matters

The Baker Law Firm, P.C. helps individuals and businesses throughout Connecticut. Contact Danbury tax penalty relief attorney Fred L. Baker at 203-648-4737 to arrange a confidential consultation about your tax issues.