IRS Penalties and Interest
Atlanta IRS Penalties Lawyer
There are many reasons why the IRS charges penalties and interest. Maybe you filed a late tax return. Maybe you did not file a return at all. Maybe you were audited and it was determined that you understated income from the originally filed return. Whatever the reason, IRS penalties and interest can be greater than the total amount of the original tax.
IRS collections will pursue penalties and interest in the same way as the original tax. Your wages and bank accounts can be levied and tax liens can be filed. However, you do have options.
Contact an Atlanta IRS penalty attorney to discuss the option that best accomplishes your goals.
Reasonable Cause
Is there a reason that an IRS penalty should not apply to you? Has your tax liability been calculated incorrectly? If your answer to both of these questions is yes, you may have a basis to have the penalties removed. Special circumstances that may qualify for relief include:
- Reliance on incorrect IRS written advice concerning your tax situation
- Death or serious health condition suffered by a family member
- Mental or physical illness
- Drug or related dependency problems
- Reliance on a bad accountant or a tax advisor
- Extended military service
There are numerous other circumstances which may result in removal of an IRS tax penalty. The outcome of each case can vary depending upon how your case is presented. Detailed documentation of your unique circumstances combined with the law or regulation that applies to you increases success.
Georgia IRS Interest Attorney — Making Your Best Case for Relief
The Peck Group, LC, represents clients who are faced with mounting penalties and interest. Let a tax attorney:
- analyze your circumstances
- establish a workable plan for removal of an IRS penalty and interest, and
- settle your tax debt.
To learn more about how The Peck Group, LC, can help you, contact a Georgia IRS interest lawyer online or by calling 770-884-6914. From our offices in Atlanta, Georgia, we represent clients nationwide.