Tax Penalty Relief And Legal Options
When businesses or individuals underreport, underpay or fail to pay their taxes, the IRS will assess civil penalties. These penalties can dramatically increase the amount you owe to the IRS. The IRS and other taxing authorities will assert penalties against taxpayers under a number of circumstances, including:
- Failing to file returns
- Failure to pay the full amount of the tax due
- Failure to pay for trust fund taxes
- Failure to pay estimated tax payments
In cases involving an intentional habitual failure to report income, the government may file criminal charges.
Tax Penalty Abatement
Tax penalties are added onto taxes that you owe to the IRS. Sometimes, these penalties are applied inappropriately. Experienced tax attorney Fred L. Baker has substantial experience negotiating with the IRS. Our efforts have led to the dismissal of penalties that have been imposed inappropriately . If there is a valid explanation for the late return or underreported income, such as death, fire or other special circumstances, he will advocate for those penalties to be abated.
Protecting You With Our Experience
Our 40-plus years of experience allows us to effectively negotiate with the IRS to abate penalties, lower tax liability or work out some other feasible solution to the debt, including negotiating offers in compromise and installment agreements. Fred L. Baker has a proven record of results in negotiations with the IRS. He is a former trial attorney for the Internal Revenue Service’s Office of Chief Counsel in New York City. His comprehensive experience on both sides of tax cases allows him to effectively negotiate on your behalf.
The Baker Law Firm, P.C. serves 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.