TAX SETTLEMENT & OFFERS IN COMPROMISE

 

ABATEMENT OF PENALTIES

 

REMOVAL OF PENALTIES

 

Reasonable Cause

 

Penalties may be removed or reduced if the Taxpayer has an acceptable reason for incurring the penalty.  In practice, penalties are difficult to remove.  If a Taxpayer wants to have a penalty removed or reduced based on having an acceptable reason, the Taxpayer must send the IRS a signed statement explaining the reason.  Interest cannot be removed or reduced.

 

Specific Written Advice From The IRS

 

If a Taxpayer writes to the IRS and asks for advice on a specific issue, gives the IRS complete and accurate information, and the IRS responds and gives specific advice or a specific course of action to take and the Taxpayer follows such written advice in the manner outlined, the Taxpayer may request that the penalty be removed or reduced if the Taxpayer was subsequently penalized because of the Taxpayer's reliance on the written advice.

 

Get A Game Plan!

 

A well devised plan for discharging tax indebtedness is important and almost impossible to achieve without the help of an experienced professional who understands the process or various processes that may be involved, what is possible and what is not, and the full range of remedies available.  Remember, there are often multiple solutions to the settlement of a tax debt.  As an attorney with over 30 years of experience, John Kachmarsky and the staff at the Law Office of John Kachmarsky have that knowledge and skill.

 

Contact our Charleston, South Carolina law office today to make an appointment for an initial consultation.

 

 

OUR PRACTICE AREAS:

CHARLESTON TAX LAW FIRM
GUIDANCE IN TAX AND ESTATE MATTERS

Charleston Tax Attorney, John Kachmarsky, and the Law Office of John Kachmarsky provide legal services in the areas of Asset Protection, LLC (Limited Liability Company) Formation, Business Formation, Contracts, Conservatorships, Powers of Attorney, Estate Administration, Probate, Estate Planning, Wills, Trusts, FINRA Disputes, Securities Losses, Income Tax, Tax Planning, Tax Controversy, Tax Litigation, Tax Settlement, and Offer in Compromise to individual and business clients in Charleston and throughout South Carolina and the U.S. including communities such as North Charleston, Summerville, Mt. Pleasant, Hilton Head Island, Myrtle Beach, Georgetown, Florence, Beaufort, Moncks Corner, Goose Creek, Isle of Palms, Daniel Island, James Island, Charleston County, Berkeley County, Dorchester County, Beaufort County, Horry County, Georgetown County, Florence County and Colleton County.

John Kachmarsky is a Charleston Tax Attorney with a Master of Laws Degree in Taxation.  Charleston Tax Attorney, John Kachmarsky, is licensed to practice law in South Carolina and Georgia and represents clients before the Internal Revenue Service and the United States Tax Court.

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The Law Office of John Kachmarsky.

Charleston Tax Attorney

All Rights Reserved.

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