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IRS Penalty Relief

  An industrial business in Grand Rapids, Michigan hired Timberline to represent it for its IRS liability issues. The Enrolled Agent was able to quickly negotiate a standard payment plan on the account to ensure full compliance and protection. Once completed, the attention turned to the $18, 594.35 in assessed penalties. After months of negotiation

  An excavating business located in Indianapolis hired Timberline for overall account protection and resolution. The Associate began reviewing the account information and negotiated a hold from enforced collection action from the Revenue Officer. It was found that the business was assessed Civil Penalties due to not filing W2 forms in 2014. The Associate submitted

  A taxpayer residing in Westminster, Colorado reached out to Timberline regarding his State of Colorado and IRS account issues for individual taxes due, including $4,095.00 to the state and $23,448.00 to the IRS. Once the Enrolled Agent was able to work with the client to obtain full tax return compliance, the liabilities increased to

  A taxpayer residing in Westminster, Colorado reached out to us regarding his State of Colorado and IRS account issues for individual taxes due, including $4,095.00 to the state and $23,448.00 to the IRS. Once the Enrolled Agent was able to get the client compliant with his missing returns, liabilities of $6,006.00 and $26,402.92 were

The Internal Revenue Service will assess penalties on the account for a failing to file a tax return, failing to pay tax on a return, failing to pay unreported tax, failing to remit Estimated Tax Payments (individuals) and Federal Tax Deposits (businesses), and if a payment comes back as dishonored. The Following is a breakdown

  What is an IRS penalty abatement letter?   This is a written request that is submitted to the IRS in an attempt to reduce or remove the tax penalties that have been assessed to an account.   What is an IRS penalty abatement reasonable cause letter?   This is a formal request for the

  No matter the circumstance or the financial condition of the taxpayer, if a federal tax balance is accumulated, IRS penalties and interest will be imposed to the period in which tax is accrued. This is inevitable and unavoidable in the majority of circumstances.   Most Common Penalties   Failure to Pay (FTP) (IRC 6651):   

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