"mikeh" <mikehsesnowich[at]webtv.net> wrote:

- quote -

Keep in mind, the only portion of the above that can be
abated are the penalties, not interest and not original
amount of tax owed.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

Over the past 13 years, I have taken only a handful of
penalty abatement cases because the vast majority of them
are losers. It is impossible to answer your question because
you haven't cited "reasonable cause" which MUST be present
in order for the IRS to abate penalties.

I recently took a flight for a meeting with a client and an
Appeals Officer. Frankly, I didn't expect to win the penalty
appeal despite the client having a pretty severe gambling
problem. In fact, the client offered me a percentage of the
penalty returned to him (which is entirely legal), but I
turned it down. The meeting took about an hour and you
guessed it. We got five years of late filing penalties
abated resulting in about $53,000 refunded to the client (he
had already paid the amount in full). I guess I should have
taken the percentage deal.

In any event, please post the specifics of why you believe
the penalties should be abated and we can give you better
assistance with more information.

Steve Kassel
eTaxes.com

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

"mikeh" <mikehsesnowich[at]webtv.net> wrote:

- quote -

There is no such thing as an abatement of income taxes.

--
David M. Woods, EA, ChFC, CLU
Woods Financial Services
Norwood, MA 02062
www.woods-financial.com

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

"mikeh" wrote.....

: Hi, Thank You for your Time. I'm looking into information
on
: the internet about IRS tax Abatements. I own a small
: business (I am the only worker) I owe some back taxes,
with
: the penalties and late fees beeing the worst part. My IRS
: agent mentioned that I should write a letter of abatement.
: Can anyone help me start this?, or lead me to a web site
: that gives examples.

In chronological fashion, explain the circumstances that
contributed to the tax delinquency. refrain from going back
to the day you were born, I've seen a few of those!

If a tax return was filed late, explain why.
If an estimated tax deposits was not remitted when due,
explain why. If multiple years of these events occurred,
explain why.

Demonstrate, your understanding of the requirements, cite
examples of your current compliance with these requirements,
that you are making estimated deposits, FTD deposits.

Read about how the penalty abatement request are analyzed
in Part-20 of the internal revenue manual,
http://www.irs.gov/irm/part20/index.html

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >

Hi, Thank You for your Time. I'm looking into information on
the internet about IRS tax Abatements. I own a small
business (I am the only worker) I owe some back taxes, with
the penalties and late fees beeing the worst part. My IRS
agent mentioned that I should write a letter of abatement.
Can anyone help me start this?, or lead me to a web site
that gives examples.

Thank You, Mike.

<< ================================================== ===== > << The foregoing is intended for educational purposes only > << and does NOT constitute legal OR professional advice. > << > << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org. > << Copyright (2006) - All rights reserved. > << ================================================== ===== >