Platinum Tax Defenders -Let The Experts Handle Your IRS Tax Penalties

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Platinum Tax Defenders -Let The Experts Handle
Your IRS Tax Penalties
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What are the four different types of IRS
Penalties?

• There are millions of penalties that are
  charged every year by the IRS. However, a lot of
  taxpayers do not know that there is IRS abatement
  of penalties as well. Get to know more about IRS
  penalty abatement and whether you qualify for the
  same or not.

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 1 Administrative Waivers

• In case your circumstances fit, you might be
  eligible for an administrative waiver. However,
  the IRS must grant this waiver. One of the most
  common administrative waivers is the FTA or first
  time penalty abatement. The IRS is likely to
  grant this waiter to those who have a clean
  compliance history.

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 2 Reasonable cause Relief

• You might be in favor of this if you are
  facts an circumstances show that you carried out
  ordinary business care for tax obligations.However
  , you failed to comply with the same, but in case
  you acted in good faith or if it was not willful
  negligence, you might be eligible for IRS
  abatement of penalties.

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 3 Documented IRS Error

• In case there is an error made by the IRS,
  then the IRS will abate the penalty. There can be
  situations when the IRS incorrectly posted filing
  extension. In such cases, the penalty for failure
  to file would be waived.

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4 Statutory Exceptions

• There are specific exceptions in which the
  IRS waives the penalties. For instance, the IRS
  will not assess any penalties for the individuals
  in combat zones. There is also the situation of
  IRS abatement of penalties when the tax is less
  than USD 1000 or if you are newly disabled or
  retired.

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Contact Now!!
Platinum Tax Defenders Website
https//platinumtaxdefenders.com Email
info_at_platinumtaxdefenders.com Phone
1-866-866-8053 Address 2280 -B Ward Avenue Simi
Valley, CA 93065