24: Tax Penalty Relief: Truth Vs Fiction by Tax Rep Network

“And we can make penalties disappear.” Goes the common refrain on late night television. But can they? The reality of penalty relief is there is first-time abatement for those that qualify, as well as penalty relief for “reasonable cause.” Join host Eric Green as he explains what it takes to get first-time penalty relief and walks you through the role of supporting documentation for your “reasonable cause” argument and what to watch out for when making your argument.