By making an appeal for an IRS penalty abatement, you are personalizing this matter and giving credence to your cause. This can prove to be fruitful and work to your advantage in many ways. If the appeal for the abatement process works, you may be alleviated of some or all of your tax penalties. This can be very beneficial to people who are unable to pay the fines and interest. Your tax professional will plead your situation and provide you with the best negotiation possible. It is best not to attempt to do this alone because you may only get one chance and you don’t want to mess it up.
Tax penalties are a very large reality when dealing with the IRS, it was estimated that as of 2005, the penalties were around $16 billion dollars and the amount is climbing yearly. The IRS does whatever is necessary to collect on back taxes, so if you can’t pay then you need to request your tax attorney to request penalty abatement. This may be your only chance to work out your tax problems once and for all.