Penalties and interests added to your IRS debt often make the debt insurmountable. However, this debt can be reduced via abatement of some tax penalties. Abatement generally available include tax penalty abatement, IRS one time penalty abatement, IRS interest abatement, substantial tax understatement penalty abatement and trust fund recovery penalty abatement. The attorneys at Thorgood Law Firm are experts at helping New York businesses relieve IRS debt through tax penalty abatement. In 2010 alone, IRS abated nearly 5 million tax penalties in amounts totaling over 10 million dollars. We can help clients file penalty abatement request, IRS abatement request and irs penalty abatement request.
Depending on your particular situation, our New York tax attorney can successfully eliminate penalties connected to your IRS debt. Notwithstanding, unless you have an experienced IRS lawyer to attend to debt relief promptly, penalties and interests may continue to accrue, adding thousands of dollars to your debt. Thorgood Law Firm is proud to be providing penalty abatement and IRS debt relief to the New York area and across the US.