Penalty Abatement Tax Professional Representing Clients in Bergen County, Camden County, Essex County, and Throughout the State
Are you facing tax penalties? If you believe that you shouldn’t have to pay certain interest or federal penalties, you may qualify for penalty abatement. If your request for penalty abatement is successful, the IRS will remove all or some of your penalties. The IRS abates only a small portion of tax penalties annually. The main reason for the low number is that many taxpayers do not request abatement. In addition, many of those who apply and have their request denied do not appeal the decision. If you are seeking to have your tax penalties abated, contact XL Consulting, LLC for proactive penalty abatement services in New Jersey.
To have your penalties abated, it is crucial to file a request and demonstrate reasonable cause for the abatement. At XL Consulting, LLC, our commitment is to assist taxpayers in resolving their tax issues. Throughout the process, Scott Schneider, our dedicated tax professional, will provide guidance and representation, ensuring you achieve the best possible outcome. Don't hesitate to contact us today and schedule a free initial consultation with Scott Schneider, who can help you effectively reduce your tax penalties.
Contact Scott Schneider at XL Consulting, LLC to Find a Solution to Your Tax Issue Today.
Reasonable Cause for Penalty Abatement
You can successfully request a penalty abatement if you can provide the IRS with reasonable cause. This is a legitimate excuse for not having filed your returns on time or not having paid your taxes on time. The issue that caused you not to pay or file in time should have been out of your control. You must also show the IRS that it was basically impossible to file or pay on time.
Some of the most common examples of reasonable causes include:
- The death of someone close to you such as a family member
- Unavoidable absences such as having been arrested and placed in jail or being in rehab
- Destruction or damage of your documents and records by flooding, fire, or other such causes
- A civil disturbance such as a riot or a mail strike caused you not to be able to make your deposit or payment in time.
- Receiving incorrect advice from a tax professional that is considered trustworthy and competent
- You were unable to determine the amount of tax you owed for reasons beyond your control.
If you believe that you have a legitimate reason for not paying taxes or penalties or filing your return in time, you should contact Scott Schneider at XL Consulting, LLC offering penalty abatement services in New Jersey. He will work with you to provide the evidence required to support your request and secure the best outcome.
Tips for Increasing Your Chances of Having Your Penalties Abated
Applying for penalty abatement isn’t as straightforward as it appears to be. Scott Schneider at XL Consulting, LLC has helped many taxpayers have their penalties abated through our penalty abatement services in New Jersey. Some things you can do to improve your chances of success include:
- Provide a detailed explanation of your reasons. The cause should be out of your control. Provide details on how the cause has affected your life.
- Provide evidence supporting the cause for not paying or filing. At XL Consulting, LLC, we’ll help you gather the evidence you need to support your request including medical records, financial records, police records, and more.
- Provide evidence to show prior compliance.
- Hire a penalty abatement tax professional at XL Consulting, LLC.
Contact us for a free consultation to learn about your rights and options.
Do You Have a Tax Problem? Are You Facing Tax Liabilities That Amount to More Than $50,000? Get in Touch Today to Schedule a Free Initial Consultation With Tax Practitioner Scott Schneider of XL Consulting, LLC.
Seek Penalty Abatement Services in New Jersey from Licensed Enrolled Agent Scott Schneider at XL Consulting, LLC
Are you burdened by overwhelming tax penalties? Contact XL Consulting, LLC to consult with an experienced and skilled penalty abatement tax professional in New Jersey. Partner with licensed tax professional Scott Schneider to gain clarity on your rights and explore available options. Scott will diligently pursue the removal of your penalties and work towards resolving your overall tax issues. Our commitment is to alleviate the financial burden for taxpayers. Contact us now to schedule your free initial consultation.