Often times our clients end up owing the IRS significantly more than they originally thought due to the Penalties and Interest the IRS adds on to the amount owed. This can make it very hard to get caught up but luckily with the years of experience and thorough understanding of the tax laws, our teams of tax professionals here at BC Tax can work to remove the penalties with a Penalty Abatement strategy and save clients thousands of dollars. A recent client hired us to do just that and we were able to remove just over $13,000 in penalties which allowed the client to successfully resolve their outstanding debt with the IRS.

If you have accrued penalties and interest on a tax debt and would like to speak with a knowledgable and experienced tax professional, please call us now at 800-548-4639.

BC Tax Insights Team
Posted By: BC Tax Insights Team

Authored by the BC Tax Insights Team, this article reflects the collective expertise and experience of our seasoned tax professionals. The Insights Team at BC Tax comprises specialists with a deep understanding of various tax scenarios and solutions. With a focus on providing informative, accurate, and practical insights, our goal is to guide readers through the complexities of taxation and financial planning. Every piece is crafted with the intent to help individuals and businesses navigate the ever-evolving world of taxes, ensuring clarity and confidence in decision-making.